China holds to WTO vow on tariffs
By Xin Zhiming | China Daily | Updated: 2009-12-17 07:57
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A foreign oil tank docks at a port in Lianyungang, East China's Jiangsu province. Xie Zhengyi |
The import tariff for fuel oil will be raised to 3 percent and bumped to 6 percent for jet fuel next year, an increase by the Chinese government of 1 percent for both products that could influence domestic oil prices.
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