China to raise import duty of luxury goods
文章来源: 文章作者: 发布时间:2007-01-02 00:15 字体: [ ]  进入论坛
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Chinanews, Beijing, Dec. 31 – As approved by the State Council, China will start to raise the tax rate for some imported goods as of Jan.1, 2007, so that they will be in line with the consumption tax rate imposed on some domestic goods. These include goods that passengers buy and carry home from abroad and goods that they send back to China via post. To be more specific, the import duty rate for golf equipment and luxury watches will be raised from 10% to 30% and that for cosmetics1 will be raised from 20% to 50%.

 

Analysts2 say that the tax adjustment is aimed to narrow the price difference between imported and domestic goods, and to encourage Chinese customers to buy watches and cosmetics made at home. Experts point out that the new tariff3 policy will most affect those profiteers who make money by selling foreign goods and tourists who go abroad for buying a large number of luxury foreign goods.

 

Most Chinese customers agree that they can save much money if they buy cosmetics, clothes and watches abroad. In order to take advantage of the price difference, it is very common for Chinese people to ask their friends or relatives to buy luxury goods for them from abroad or they travel abroad to buy these things themselves. Take cosmetics as an example. Value-added tax, import tax, and consumption tax are to be imposed on imported cosmetics before they can be sold in China, and their selling prices are usually high in the market. On April 1, 2006, China started adjust to the consumption tax, with that of high-end cosmetics raised to 30%, and their value-added tax raised to 17%. Allowing for the with related imported tax, the selling price for imported cosmetics in China was at least 60% higher than their related selling prices abroad.

 



点击收听单词发音收听单词发音  

1 cosmetics 5v8zdX     
n.化妆品
参考例句:
  • We sell a wide range of cosmetics at a very reasonable price. 我们以公道的价格出售各种化妆品。
  • Cosmetics do not always cover up the deficiencies of nature. 化妆品未能掩饰天生的缺陷。
2 analysts 167ff30c5034ca70abe2d60a6e760448     
分析家,化验员( analyst的名词复数 )
参考例句:
  • City analysts forecast huge profits this year. 伦敦金融分析家预测今年的利润非常丰厚。
  • I was impressed by the high calibre of the researchers and analysts. 研究人员和分析人员的高素质给我留下了深刻印象。
3 tariff mqwwG     
n.关税,税率;(旅馆、饭店等)价目表,收费表
参考例句:
  • There is a very high tariff on jewelry.宝石类的关税率很高。
  • The government is going to lower the tariff on importing cars.政府打算降低进口汽车的关税。
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