Policy

China to execute duty reduction for 7 trade agreements in 2016, MOF

BEIJING
2015-12-10 15:07

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China will implement tariff cut for free trade agreements with Iceland, Switzerland, Costa Rica, Peru and New Zealand next year, according to the Ministry of Finance (MOF)'s statement on 2016 tax adjustments.

Meanwhile, further tax reduction will be made for closer economic and trade relationships between the Chinese mainland and Hong Kong and Macau, the statement says.

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