[Ni-Fe] Finance : June 1 with nickel and other metal ore exports will increase tariffs

To further control high energy consumption, high pollution and resource products exports, increase energy and resources products, Imports of key parts for the trade balance, with the State Council's Tariff Commission, the ninth plenary session for deliberation and approval, and approval by the State Council, since June 1, 2007, China will adjust the import and export of goods tariff.
Current adjustment 142 commodities will levy export tariff. Which focused on more than 80 steel products by 5% to 10% further increase in the levy export tariffs These products include carbon steel wire rod, sheet, profiles and other steel products. Meanwhile, last year the imposition of export tariffs on steel billet, steel ingot, pig iron and other steel primary products duty from 10% to 15%. This is the second in April this year to abolish the steel products export tax rebates, Another 70 kinds of other steel products substantially lowering the export rebate, the view of excess production capacity, The rapid growth of exports of steel products to further macro-control measures. In addition, this is also the natural graphite, rare earth, refined lead, dysprosium oxide. Tb4O7 and some non-ferrous metal debris and other waste products of export levy of 10% tariff; APT right side, molybdenum oxide, ammonium molybdate, molybdenum sodium, magnesite, magnesium burn the introduction of products such as 5-15% of export tariffs. Of nickel, chromium, tungsten, manganese, molybdenum and rare earth metal ore export tariffs from the current 10% to 15%; of coal tar, some iron, not unwrought zinc, fluorite, non-coniferous Wood film export tariffs from the current 5-10% to 10-15%.
The same time, to encourage imports, promoting trade balance will be right 209 imported commodities to implement the tentative lower tax rate. Of these, coal, fuel oil and cork products, and other resources of the provisional tariffs for 0-3%; Pai pump, seal, bearing and valve spare parts, air-conditioning and refrigerator compressor and components, engineering machinery parts, camera parts. TV parts, camera lens, and other key parts of the provisional tariffs of MDGs.
Market for the rich, promote consumption, and this is also part of the lives of the common people's daily necessities implemented a lower provisional import duty including baby food, kitchen utensils, cutlery, food processing machines, vision lenses, building materials, decorative ceramics, household appliances, its provisional tariffs of 6-17%.