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[China Epoxy Industry Online] News January 5, 2005 In 2005, my country's overall tariff level will be reduced from 10.
4% to 9.
9%.
Some consultants believe that this adjustment will benefit my country's petrochemical industry.
The analysis believes that the import tariff rate for a total of 99 tax items in the petroleum and chemical industries will be lowered year-on-year, reducing the average tax rate for the chemical industry this year to 6.
9%.