China to cut 2012 import tariff on key parts for new energy vehicles, MOF
2011-12-16 0:00:00Author： adminFont Size：Big Medium Small
BEIJING, Dec. 15 (Xinhua) – China will lower its 2012 import tariffs on key auto parts and equipments for the manufacturing of new-energy vehicles, in a bid to boost imports and domestic consumption, the Ministry of Finance said in a statement on its website on Thursday.
The import tariff cut will take effect as of January 1, 2012.
The ministry didn't give specific figures for the tariff reduction.
As one of the country's key emerging industries, the new energy auto sector is expected to grow vigorously in the coming years. Enditem
Xinhua
- Tireworld Insight: Domestic tire makers eye overseas expansion
- Tireworld Insight: Price disparity severe between China's rubber exports and imports
- Tireworld Insight: China tire exports dependent on US market performance
- Tireworld Insight: SHFE rubber expected to move in tight range in short-term
- Tireworld Insight: Rubber futures to test near-term resistance at 15,000 yuan/tonne
- Tireworld Insight: China’s tire industry on track of rapid growth
