30 май 2 г. - China will reduce tariffs on a wide range of consumer goods & list of 'negative lists' for foreign investment from July 1

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The tariff cuts will apply to products including clothes, washing machines and makeup. The reduction was decided at the state council on Wednesday which was chaired by Premier Li Keqiang. The state council also decided that a negative list for foreign investment will be finished by July 1. This will specify which areas of the economy are off-limits for foreign investors, leaving all others theoretically open.

The average levies:
On clothing, footwear, and sports gear will be cut to 7.1 percent from 15.9 percent
On home appliances such as washing machines and refrigerators will be cut to 8 percent from 20.5 percent
On fish, seafood and mineral water will be cut to 6.9 percent from 15.2 percent
On makeup and healthcare goods will be cut to 2.9 percent from 8.4 percent

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