A Package Of Tax Policies Can Be Bought At The Door.

The latest hot words are "

"From June 1st onwards, China's imports of cosmetics, clothing, diapers and other commodities will usher in an unprecedented reduction of an average of over 50% of the intensity of tariff adjustment.

What will it bring?

Let's have a look.

14 categories of tariffs "cut half"

On the 25 day after the Ministry of Finance announced the news of tariff reduction, L'OREAL, the world's largest cosmetics group, responded quickly on the 26 day, making it clear that it would reduce the price of most imported products, which means that many brands sold in China, including Lancome and Biotherm, will fully adjust their prices.

27 days, another

Estee Lauder group also announced the price adjustment plan in China.

CEO of L'OREAL group, China, said he noticed that the Chinese government lowered the import tariff of cosmetics from 5% to 2%. Although the decline has limited impact on retail prices, the group still decided to take this opportunity to reduce the price of some imported products.

Reporters learned from the Ministry of finance that this tariff reduction locks 14 categories of commodities, an average of more than 50% decline in strength over the past.

Among them, the import tariff of suits and fur clothing decreased from 14% to 23% to 7% to 10%; the import tariff of diapers dropped from 7.5% to 2%; the import duties of short boots and sports shoes dropped from 22% to 24%.

Shi Yaobin, Vice Minister of finance, said that the 14 types of pilot commodities mainly selected commodities that were closely related to daily life of the people, the higher proportion of domestic consumers shopping abroad, the relatively high proportion of tariffs in the total tax burden of commodities, and the commodities that had less impact on domestic related industries after tax reduction.

"These measures are not intended to bring back the consumption of Chinese consumers abroad, but to facilitate domestic consumption, facilitate domestic consumer shopping, and meet personalized and diversified consumption needs."

He said.

Buy bargains at home

Overseas snapping up cosmetics, bags, toilet covers, rice cookers...

Last year, overseas consumption of Chinese tourists reached up to trillion yuan. Behind the overseas sweep, some of the prices of imported goods at home and abroad were large.

Some consumers calculated their accounts, bought a bottle of 50 ml Keihl's cream 22 euros (about 150 yuan) overseas, and the domestic counter price was 300 yuan, the difference was doubled.

Analysts believe that

Whether the package policy is effective to boost domestic consumption depends on reducing the price difference of imported goods in domestic and foreign markets.

"Taxes will definitely have an impact on commodity prices, but they are not the only factors."

Shi Yaobin said that the price differences among different brands, the cost of logistics pportation from the imported land to the consumption place, and the management cost of the middleman will all affect the final price of the imported goods.

Wang Shouwen, Vice Minister of Commerce, said that with the implementation of the "package" policy, consumers are expected to buy cheap foreign goods at home.