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Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Singapore Asia Pacific World Search Search: China to cut tariffs up to 30 percent: report AFP - 1 hour 23 minutes ago BEIJING (AFP) - - China will reduce tariffs on agricultural and non-agricultural products by 20 to 30 percent, state media reported Monday, citing a senior trade diplomat. The move is to help boost global trade amid the international financial crisis, the China Securities Journal said, citing Zhang Xiangchen, a senior envoy at the Chinese Permanent Mission to the World Trade Organization (WTO). Zhang was not quoted as giving any timetable for when the cuts would take place. It was not clear if the tariff cuts would affect all products imported by China. A Chinese commerce ministry official contacted by AFP Monday said she was unable to clarify the matter. The average tariff on agricultural products now is 15.2 percent, compared with 54 percent before China entered the WTO in 2001, the report said. A surge in imports from China could have potentially huge significance for the global economy, as it is now the world's third-largest importer after the United States and Germany. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: China's Economy China to cut tariffs up to 30 percent: reportAFP - 1 hour 23 minutes ago China's second-richest person detained: state mediaAFP - 1 hour 44 minutes ago GOME says Q3 up 24 percent on strong sales, gloom loomsReuters - 2 hours 43 minutes ago Thai economy slows sharply in third quarterAP - Monday, November 24 Related Articles: Business Cambridge Tech not to proceed with warrant allotmentReuters - 14 minutes ago WRAPUP 1-China weighs next steps for supporting economyReuters - 19 minutes ago Rivals bet against Morgan Stanley in September- WSJReuters - 20 minutes ago Turkish lira firms 2.5 pct on global gainsReuters - 21 minutes ago GOME says checking reports chairman detainedReuters - 21 minutes ago Enlarge Photo China to cut tariffs up to 30 percent: report Related Photos Slideshow Full Photo Coverage: Business & Economy Related Full Coverage China Economy china economy All Full Coverage Most Popular – Business Viewed Stricken German public bank KfW expects further losses Michael Jackson settles court case: spokeswoman Over 200 narwhal trapped in Canadian ice Slump in Europe spreads wider Japan scientists eye made-to-order bones View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular

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