China Reduces Import Duties For 883 Items on Jan.1

China’s Finance Ministry said the country will reduce import duties on 883 goods from January 1, including some aviation equipment, paper products and wood.

The ministry said in a statement on its website that it would also reduce import duties for some information technology products, starting from July 1.

The ministry has reduced import duties for more than 850 goods since January 1, 2020.