On December 26th , Ministry of Commerce held a regular press conference, which was presided by Gao Feng, the spokesman of Ministry of Commerce. During the conference, a reporter asked that since the commission lowered the import tariffs again, I would like to know what considerations the Ministry of Commerce has in expanding import business?
Gao Feng: To further reduce the import tariffs will help reduce import costs, stimulate the potential of imports and meet domestic consumers demands for high-quality products. We will focus on the following aspects to actively expand import:
The first is to cultivate import trade promotion innovation demonstration areas. We will give play to our policy advantages, encourage innovation in the regulatory system, service functions, and trading models by fostering import and export distribution centers from points to area to promote the construction of import trade innovation platforms and continuously improve the radiant role of demonstration areas.
The second is to further improve the level of trade facilitation. We will actively promote the full implementation of the WTO Trade Facilitation Agreement. At present, the implementation rate of the Agreement has reached 96.2% and the remaining measures will be fully implemented by Feb. 22, 2020, and the level of trade facilitation will be further improved.
The third is to further expand the platform promotion effect of China International Import Expo. At present, the preparations for the Third China International Import Expo are being carried out in an orderly manner. More than 300 companies have signed up for the exhibition and the exhibition area exceeds 100,000 square meters.
In short, the Chinese market will continue to expand to all over the world. We sincerely invite more foreign high-quality products and services to China to better meet the demands of domestic consumer consumption upgrades, thank you!
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