花辨直播官方版_花辨直播平台官方app下载_花辨直播免费版app下载

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Industries

China says measures on sugar imports help maintain trade order

Xinhua | Updated: 2017-05-26 09:31
Share
Share - WeChat

BEIJING - China's Ministry of Commerce Thursday defended the country's tariffs on out-of-quota sugar imports, saying they will help maintain trade order.

The move announced by the ministry Monday will also ensure a fairer market, which serves the long-term interests of all parties, the ministry spokesman Sun Jiwen told reporters at a regular press conference.

Sun said the ministry strictly followed World Trade Organization rules during the investigation, which was in response to pleas by the domestic industry, and found that increasing imports were causing serious harm to local producers.

China decided to begin three-year duty on out-of-quota sugar imports to protect the domestic industry. The duty will be set at 45 percent from May 22, 2017 to May 21, 2018, and be reduced to 40 percent and then 35 percent in each subsequent year.

The duties do not cover imports within the quota of 1.95 million tons for 2017.

Last year, China imported 3.06 million tons of sugar, down 36.8 percent from 2015.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE