These 11 types of lighting electrical products import tariffs will be lowered, implemented since July 1st

On May 30th, Premier Li Keqiang chaired a State Council executive meeting, decided to cut a wide range of consumer goods import tariffs. To further reduce consumer goods import tariffs, expand opening up, to meet the needs of the masses, forced industrial upgrading, product upgrading.

In May 31st, the Customs Tariff Commission of the State Council issued the "on the lower consumer goods import tariff notice" (Tax Commission bulletin 2018, No. 4) notice that, in order to further meet the people's life better, promote the supply side structural reform, actively expand opening up, since July 1, 2018, the lower part of imports Daily consumption of MFN rates, involving 1449 items.

The import tariff adjustment includes 11 kinds of lighting products, the average decline rate of around 50%. Details are shown in the table below:

Source: Ministry of Finance

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