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China’s state council says to cut import tariffs on consumer goods: state media

China's state council says to cut import tariffs on consumer goods: state media© Reuters. China’s Premier Li Keqiang speaks at a joint news conference with German Chancellor Angela Merkel in Beijing

BEIJING (Reuters) – China’s state council said it will cut import tariffs on a range of consumer products including cosmetics, home appliances and sports apparel starting July 1, state radio reported on Wednesday.

Premier Li Keqiang said separately that China’s economy was steady and improving but still faced challenges, state radio reported.

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Source: Investing.com

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