Your current location:HOME >world >China adopts law on customs duties 正文
TIME:2024-05-21 11:39:35 Source: Internet compilationEdit:world
Chinese lawmakers on Friday voted to adopt a law on customs duties to promote high-level opening up.
Chinese lawmakers on Friday voted to adopt a law on customs duties to promote high-level opening up.
The law, which was passed at a session of the Standing Committee of the National People's Congress, the national legislature, will take effect on Dec. 1, 2024.
It maintains the basic stability of the existing tariff system, with the overall tax burden level remaining unchanged.
The law is of significant importance for advancing high-level opening up and fostering a market-oriented, law-based, and internationalized business environment, said Li Xuhong, a professor at the Beijing National Accounting Institute.
The move marked another step in China's tax legislation. Out of the country's existing 18 tax categories, China has enacted laws on 13 of them.
California congressman urges closer consultation with tribes on offshore wind2024-05-21 11:35
World Insights: WTO members confront U.S. abuse of security exception for protectionist purpose2024-05-21 11:33
UN Security Council voices concern over killing of World Central Kitchen staff in Gaza2024-05-21 11:24
Xi Says to Continuously Consolidate, Develop China2024-05-21 11:18
Supreme Court rejects an appeal from a Canadian man once held at Guantanamo2024-05-21 11:02
Xinhua Headlines2024-05-21 10:26
World Insights: Strong Mideast rapprochement signals changing regional order2024-05-21 10:09
French PM deploys constitutional power to force passage of pension reform bill2024-05-21 09:50
Fresh heartache for cancer2024-05-21 09:49
(W.E. Talk) Tamara Prosic: How China and the World Benefit from Collectivism2024-05-21 09:06
Who is Jacob Zuma, the former South African president disqualified from next week's election?2024-05-21 11:25
Retired general Pavel wins Czech presidential election2024-05-21 11:06
Messi wins 2022 Best FIFA Men's Player Award2024-05-21 11:04
Landmark loss and damage fund approved as UN climate conference closes in Egypt2024-05-21 10:50
Iran helicopter crash that killed President Raisi could reverberate across the Middle East2024-05-21 10:17
World Insights: WTO members confront U.S. abuse of security exception for protectionist purpose2024-05-21 10:04
UN responds to devastating ferry tragedy in Mozambique2024-05-21 10:02
To invest in China is to win the future: spokesperson2024-05-21 09:37
Company wins court ruling to continue development of Michigan factory serving EV industry2024-05-21 09:07
UN chief calls for reaching consensus on climate actions at COP272024-05-21 09:02