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    Import taxes 'will be cut' this year

    By Ding Qingfen | China Daily | Updated: 2012-03-07 08:03

    Move to help boost domestic consumption, top official says

    Import taxes on a large number of consumer and luxury goods will be lowered this year, a former deputy commerce minister told China Daily in an exclusive interview.

    "Consumer and luxury goods will help promote domestic consumption and China needs to reduce import duties," Wei Jianguo said on Tuesday.

    Import taxes 'will be cut' this year

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