China's overall level of import tariffs from 10.4 percent down to 9.9%

Published on 08/15,2008

China's overall level of import tariffs from 10.4 percent down to 9.9%

this year on january 1, china's overall level of import tariffs from 10.4 percent down to 9.9 percent, but this not so that people feel in an instant of imported goods prices surge, some imported auto prices even higher.
imported consumer goods prices bolanbujing
from january 1, with the lips and eyes with cosmetics and powder 10 per cent of the implementation of the final bound rates, other cosmetics the import tariffs have dropped from 4 to 5 percentage points. but in beijing dorset, parkson shopping centre, and so on, these products has yet to cut prices. l'oreal company lancome brand in north china regional manager zhou ning said that the price of cosmetics is not simply drop the tariffs drop.
in xidan dorset, a u.s. apparel brand management of dealers said that although the import tariffs on products dropped by 5 percent, but lowered their prices very seriously. some wine such as ren touma, martell, such as reduced tariffs by 10 percent to 30 percent, but in parkson, lufthansa, such as shopping malls, sales prices from last september has been no major changes. the tariffs have been reduced to zero the olympus, sony, nikon and other brands of imported digital cameras, in the united states, su ning, such as shopping malls prices have not changed significantly.
general concern for consumers, the import cars, from new year's day, lowered tariffs, import quota system is abolished. but reporters in beijing asian games village automobile exchange that the first week of new year although some prices of imports of cars, but at the same time, there are a number of imported cars athwart prices. according to beijing, shanghai, guangzhou and automobile sales network statistics, the import price hikes since new year's day there are 13 car models, which are more than 500,000 yuan of bmw, mercedes-benz and chrysler, there are about 300,000 yuan nissan, toyota, hyundai and volvo, the rate of price increases generally no more than 5%. one new bmw x5 reached 15.15 percent rate of price increases, the net price hikes 100,000 yuan.
three major reasons for trapped the price of imported goods
tariff reduction, why not bring the corresponding prices of imported consumer goods fell ? businessmen and experts believe that the main reason for this phenomenon there are three:
first, the euro exchange rate, some of the rise in the cost of imported cosmetics, offset by a lower tariff after the price reduction of space. zhou ning, the recent dollar decline, while the euro all the way higher prices firm, the exchange rate rise, the company imports from france's decline in the cost of cosmetics is not large. Dior Watches so even if the tariff cut, cosmetics can also do not have much room for price cuts.
two agents such as the automobile brand policy factors of uncertainty, many dealers no reservations new imported cars. coupled with a lack of confidence on the automobile market this year, the majority of vehicles have to wait and see in the way.
third, all the way last year, the Timberland Watches decline in auto prices, lifted the businessmen clearing pressure. in the beijing asian games village auto market, some dealers told the reporter that they last a whole year continued to reduce import prices, many dealers of imported cars in last year's price war in withdrew from the market, only the asian games village auto market reduced nearly a quarter of the imported car dealer; rest of the dealers at the beginning of the clearing has been no pressure, they left the hands of the imported cars naturally became popular.
effects of tariff reduction will appear in the second quarter
for tariff reduction, many still wenrutaishan prices of imported goods, and some do not even anti-inflation or the phenomenon. experts suggest that many imported consumer goods are established international brands, the price formation mechanism is relatively complicated and have strong stability, not overnight mandrax mandrax or descending. with the further domestic measures in place, it is estimated that the price effects of tariff reduction to the second quarter will gradually appear.
experts believe that Burett Watches imports of high-grade consumer goods to meet the main targets are high-income people. the prices of these people on the sensitivity is not high, so the price cuts will not be business as the primary means of expanding the market. even in the competitiveness of similar products under the pressure of price adjustment, but also may have the second quarter of this year can be felt.
according to the ministry of commerce and nanoelectronics, a trade expert, from phase to be reflected in the prices of imported products, the need for a certain period of time. importers from signing contracts, to the consumer price changes, it normally takes three months to six months.
the beijing asian games village auto market, and tianjin customs some of the industry analysis, the relationship between supply and demand and the yen, the euro exchange rate Orient Watches appreciation of the impact, resulting in car prices did not drop rise, the decrease in import tariffs the impact of car prices did not appear. with the second quarter, imports of new cars continue to shore, the price will gradually decline.

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China's overall level of import tariffs from 10.4 percent down to 9.9%