News ID: 213960
Published: 0403 GMT April 26, 2018

China considering cutting duty on imported cars by about half

China considering cutting duty on imported cars by about half

China is considering cutting the import duty on passenger cars by about half as part of the country’s plan to further open up the automobile market

China’s cabinet is weighing proposals to reduce the levy on imported cars to 10 percent or 15 percent from the current 25 percent.

An announcement on the decision could be made as soon as next month, according to Reuters.com.

   
KeyWords
 
Comments
Comment
Name:
Email:
Comment:
Security Key:
Captcha refresh
Page Generated in 0/0777 sec