Textile Import And Export Tax Will Be Reduced To 20%, Import Consumption Or Spring April 9Th.

2019/4/4 11:44:00 9891

It was learned that Premier Li Keqiang chaired a State Council executive meeting in April 3rd to determine measures to reduce government fees and operating service charges this year, further reducing burdens on enterprises and the masses, and decided to reduce the rate of postal tax imposed on entry articles, and promote the expansion of imports and consumption.

Since April 9th, the postal tax rate has been lowered for personal luggage and postal articles. The rate of duty on food and medicine has been reduced from 15% to 13%, and textiles and electrical appliances have been reduced from 25% to 20%.

The import and export tax on textiles and electrical appliances was reduced to 20%, and import consumption or spring festival began in April 9th.

The import tariff of textile and electrical appliances was reduced to 20%. In April 9th, import consumption or spring

The import and export tax on textiles and electrical appliances was reduced to 20%, and import consumption or spring festival began in April 9th.

(Fig. /CCTV news network playback screenshot)

In addition, it will cooperate with the foreign investment law to meet the needs of optimizing business environment and adopt a number of draft amendments to the law.

The meeting also identified measures to reduce mobile network traffic and SME broadband tariffs for about 180 billion yuan a year, reduce general industrial and commercial average electricity prices, lower the price of railway freight pport, reduce port charges, and abolish citizenship information authentication fees.

The above measures will further reduce administrative fees and charges after the reduction of social security rates, and will reduce the burden on enterprises and the masses by more than 300 billion yuan throughout the year.