SHANGHAI, Nov 28 (Reuters) - China will lower auto import tariffs by 5.6 percentage points next year and raise import quotas by 15 percent to $9.125 billion, in line with WTO commitments, the official Xinhua News Agency said on Thursday. The report did not specify what type of cars the tariff cuts applied to or the new levels. In 2002, China cut tariffs on automobiles with engines of three litres or less to 43.8 percent from 70 percent, and lowered tariffs on cars with engines larger ...
Premium Content (PAID Subscription Required)
"China to cut auto import tariffs by 5.6 pct-Xinhua" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642