皇冠体育app

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Chinese industries influenced by Sino-Australia FTA

Updated: 2014-11-24 07:34 (chinadaily.com.cn)
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Wine industry

皇冠体育app will lower its tariff on imported wine from Australia year by year and finally levy none in 2019, according to the FTA between 皇冠体育app and Australia.

The country imported $182 million worth of wine from Australia in the first nine months of this year under the current tariff rate of 14 to 30 percent, making Australia 皇冠体育app's second largest partner country, according to statistics of the General Administration of Customs of 皇冠体育app.

For 皇冠体育app's importers, the Sino-Australian FTA has brought "confidence", according to Guo Haibing, general manager of Smart International Consulting Company, which sells Australian wine.

This may later result in a change in market share of Australian wine in 皇冠体育app, Guo added.

Chinese industries influenced by Sino-Australia FTA

Vineyar at the National Wine Center in Adelaide, South Australia, Australia on Dec 29, 2007. [Photo/IC]

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