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China & Taiwan Reduce Import Tariffs to Implement Trade Act

The Chinese government has announced that on January 1, 2011, mainland China and Taiwan began implementing the "early harvest program" of the Economic Cooperation Framework Agreement, under which mainland China will reduce tariffs on 539 Taiwanese goods and Taiwan will…

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drop the duties on 267 mainland goods. Duties for these products will be reduced to zero within two years. China's Customs will work to provide ease of movement to products listed in the ECFA, including agricultural and mechanical products, chemicals, electronics, auto parts, textiles, medicine, etc.