China to grant zero-tariff treatment for least-developed countries

Source: Xinhua| 2021-12-16 12:09:22|Editor: huaxia

Aerial photo taken on July 13, 2021 shows a container terminal in Jiaxing, east China's Zhejiang Province. (Xinhua/Long Wei)

BEIJING, Dec. 16 (Xinhua) -- China will grant zero-tariff treatment on 98 percent of taxable items originating in the least-developed countries, according to a statement released by the Customs Tariff Commission of the State Council on Wednesday.

Agricultural products such as peanut oil and chemicals such as polythene will be incorporated into the scope of zero-tariff treatment.

The move will help to further facilitate China's imports from related African countries, and advance the building of a high-level China-Africa community with a shared future, and share market opportunities with least-developed countries, the commission said.

KEY WORDS: China,Tariff,Least,developed countries