Learned from the Ministry of Finance's 23, the State Council Tariff Commission decided that from July 1, the exchange of letters that have been completed with China in Ethiopia 33 least developed countries, the 4762 tariff lines of origin of goods exported to China zero tariff, about accounted for 60% of all tariff items. At this point, China will become the least developed countries open their markets to the extent of one of the largest developing country.
According to the Ministry of Finance introduced the integration of the original zero-tariff treatment, based on the 4762 list of zero-tariff goods tariff lines to further increase the least developed countries in recent years, actual or potential export capacity of some export commodities, including poultry and livestock , aquatic products, raw or processed agricultural products early, minerals, herbs, daily necessities, plastic products, leather, wood, textiles, apparel products, glass, steel and their products, machinery and electronic products, furniture and so on. In accordance with the 2008 trade statistics, the 4762 tariff lines of zero-tariff goods exports to China accounted for the least developed countries of 98.2%.
The future, China will in accordance with relevant national advice and recommendations, combined with effective implementation of existing measures continue to benefit To widen the scope of the eventual realization of zero tariff to cover all the tax benefits of 95% of taxable items.
The Ministry of Finance, with the full implementation of zero tariff measures, many of the least developed countries duty-free goods will enter the Chinese market, the people of the least developed countries will bring benefits, but also will help reduce the cost of imports of Chinese Enterprises to broaden our channels of imports and promote the healthy development of bilateral trade to further strengthen the least developed countries, China and the friendly relations and mutually beneficial cooperation.
Since 2001, China gradually to 41 least developed countries zero-tariff treatment to some commodities, giving the range of goods expanded. Up to now, China has given to the least developed countries were about 1,000 tariff lines duty-free treatment of goods, covering most of
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these countries exports to China of goods. The implementation of zero tariff measures also contributed to these countries exports to China. Data show that in 2008, China absorbed the least developed countries 23% of total exports, as the least developed countries, the largest export market.
Currently, the World Trade Organization Doha Round impasse, developed countries pledged 97% of the least developed countries products and a "duty-free, quota-free" obligation not yet been fully realized. Fenxi have pointed out, China as a developing country, experiencing severe Kaoyan global financial crisis, still faces an extremely complex challenge Jingjixingshi the occasion, the lead in implementing the least developed countries committed to the implementation of zero tariff and honor their UN Millennium XuanMonitors Yan, reflecting China to maintain the multilateral trading system open, fair and just determination and help the LDCs to improve their level of economic development in good faith
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