mo4ch:>China’s imports to top $2 trillion in 2018 – Beijing | Mo4ch News

The total volume of Chinese imports is going to set a fresh record this year, exceeding the two trillion dollar level, according to Song Xianmao, a senior official at China’s Ministry of Commerce.Song added that Beijing is planning to step up efforts to boost the quality of foreign trade and further expand imports.In 2018, Chinese authorities have lowered import tariffs on a wide range of vital goods including drugs, cars and daily necessities. The total tariff level has been reportedly reduced from 9.8 percent to 7.5 percent.Also on rt.comChina to suspend extra tariffs on US-made cars & parts for 3 monthsChina’s year-on-year imports grew 14.6 percent from January through December of the current year, according to the latest data from the country’s General Administration of Customs (GAC), as quoted by the state media.The top official said that the government is currently working on measures that would be able to provide imports of advanced technologies, agricultural produce, as we…