ReferIndia News China Slashes Tariffs on Key Imports for 2023

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China Slashes Tariffs on Key Imports for 2023

Published on: Dec. 29, 2025, 2:32 p.m. | Source: Devdiscourse

China is set to reduce import tariffs on over 925 products, including key resource-based commodities and medical products. Starting next year, these provisional rates will offer lower costs than the most-favoured-nation rates applied to WTO member states. The adjustments aim to bolster China's economic growth.

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