|
|
Article: Excessive Aluminum Oxide Import.(China, import quotas)(Brief Article)(Statistical Data Included)
- Article from:
- China Chemical Reporter
- Article date:
- August 16, 2001
CopyrightCOPYRIGHT 2001 China National Chemical Information Center. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
No Import Quotas in the Second Half of This Year
China will not issue any import quotas for low-tariff aluminum oxide this year.
In the past few months China has imported great quantities of tariff-exempt aluminum oxide processed overseas. As a result import quotas no longer have attraction. The Ministry of Foreign Trade and Economic Cooperation has already issued import quotas for 1.3 million tons of aluminum oxide and the import tariff rate is 8%, far lower than the normal tariff rate of 18%. In the import quotas, 900 000 tons of aluminum oxide was provided to the state-owned metal trading company--China Import & Export Corporation of Metals and ...