State Department canceled 81 kinds of terry towel export tariffs

 

 Held a press conference to answer the terry towel trade issue May 30, State Council Information Office held a press conference in Beijing, Minister of Commerce Bo  invited to answer a reporter's question on the terry towel trade and other issues.

In the May 20 introduction of increased terry towel export tariffs for 10 days, the State Council Tariff Commission announced yesterday once again: From June 1 the elimination of export tariffs on 81 kinds of terry towel products. 81 kinds of products, 78 species are listed in this year January 1 to levy tariffs on 148 terry towel of linen yarn export tariffs canceled, the other two for the May 20 decision to stop terry towel tariffs. Tariff Commission also said that May 20 is scheduled to be introduced June 1 to raise or lower export tariffs related products simultaneously canceled.

Issued within 10 days of the two tax policy is completely contrary to instantly become the focus of media attention. Minister of Commerce Bo  yesterday to answer a number of questions from reporters at the press conference at the State Council Information Office held a scathing said: "The Chinese government is in line with global trade and responsible attitude toward the terry towel export tax, but in addition the introduction of on tax policy is a prerequisite condition. If in the future some countries on Chinese terry towel exports quantitative limit, China imposed export tariffs will these products be excluded from taxation directory. "he said to the elimination of tariff measures , the United States and the European Union did not attach great importance to China imposed export tariffs on measures taken still set limits on China to adjust policy accordingly.

As  said that the elimination of export tariffs, and stop taxing scheduled beginning of June all products are the United States restrictions on Chinese terry towels and seven EU China start "safeguard" of two products. Bo  said that since Europe already on Chinese terry towels to limit the number of Chinese government can not these items plus export tariffs. "The Chinese government must be very fair and equitable treatment of Chinese enterprises, Chinese enterprises in the requirements of the overall situation, the government also have to give them a fair deal." He said, "You give our businesses coupled with the pressure of half a catty, we have to give it removed the burden of eight ounces. "

Bo  further pointed out: "China is a country of principle, is not afraid of pressure, so until the US restrictions on Chinese products, China also did not accept the plan for comprehensive arrangements by the United States." He said that China now still willing to work with the European Union, with the United States for consultations to properly resolve trade frictions currently facing terry towels.


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