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Author: | Zhang, Erzhen |
Title: | Analysis of effect of China's lowered tariffs on economy (original in Chinese) |
Journal: | International Trade Journal (c)
1996 : 6, p.6-9, 60 |
Index terms: | TARIFFS TRADE POLICY CHINA |
Language: | chi |
Abstract: | In general, lowering tariffs will play a positive role in China's economic development in that it helps enterprises import expertise and equipment, motivates renovation of facilities and improves productivity and competitiveness of products. Consumers also benefit a lot from the competition between homemade and imported goods. This lowering of tariffs will not have much short-term impact on domestic market prices and revenues. |
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