Friday, April 8, 2011

The least-developed countries 4762 items duty-free exports to China

According to the Ministry of Finance Web site message for the Chinese Government in the United Nations Millennium development goals high-level meeting on least developed countries (LDCs) 95% of product tariff treatment commitments, recently approved by the State Council, tariff Commission of the State Council decided that, since July 1, 2010, on an exchange of letters has been completed with our Ethiopian, 33 LDCs 4762 originating in a btn anti-Chinese goods implemented zero tariff, accounted for all tariff items of 60%. So far, China will become the least developed countries, opening up markets in most developing countries.

Will continue to expand the scope for

In the integration of the original zero tariff treatment, on the basis of a tariff item 4762 BTN list further increased the least developed countries in recent years have actual exports or potential export capacity of some of the goods, including poultry and livestock, aquatic products, unprocessed or processed agricultural products, at the beginning of the mineral categories. Follow the 2008 trade statistics, such a tax of 4762 duty-free goods accounted for LDCs ' exports to China 98.2%. We also will continue to expand the scope for, and ultimately achieving zero tariff giving covers all tariff items of 95%.

To broaden the import of channels

At present, the World Trade Organization Doha Round negotiations reached an impasse, developed country commitments to LDCs in 97% of products in the duty-free, quota-free "obligations has not been completely fulfilled. As a developing country, China, facing a very complex challenges of the economic situation, the first to honour their commitments to the LDCs implement zero tariff measures. With zero tariff measures for full implementation, many of the least developed countries to zero tariffs on goods entering the Chinese market, will give the people of the LDCs, and also benefits will contribute to lowering the cost of imports of Chinese enterprises, China's import channel widening, promote the healthy development of bilateral trade.

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