6. How and when are tariffs and quotas for imported goods expected to decrease?
China has guaranteed all tariffs for imported goods and eventually, China's average bound tariff level for imported agricultural products will decrease to 15%. The WTO has set 2010 as the final date for the reduction of tariffs but many tariffs may be reduced, or even eliminated, before this deadline. Furthermore, all import quotas, tendering and import licensing will be eliminated by 2005.
Back
Last updated on August 27, 2005
