On August 7, the Ministry of Commerce announced the revised draft of the Interim Measures for the Administration of Import Tariff Quotas for Agricultural Products and solicited opinions publicly. The main modifications are as follows: The varieties of agricultural products under the administration of import tariff quotas are wheat (including its flour and grain), maize (including its flour and grain), rice (including its flour and grain), sugar, cotton, wool and wool tops. Import tariff quotas for wheat, corn, rice, sugar and cotton are divided into state-owned trade quotas and non-state-owned trade quotas. State-owned trade quotas shall be imported through state-ownedRead More →
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