- May 1st to 5th, 2025 coincides with the International Workers' Day.
- On April 27, 2025, the company's management team went to the Hefei Municipal Committee of the Communist Party of China and relevant provincial departments to give a work report.
- From April 22nd to April 26th, 2025, the company's management team conducted a working visit to Dubai.
- From April 13th to April 21st, 2025, the company's management team conducted working visits to Kuala Lumpur and Singapore.
- On April 6, 2025, the company's management team received a Panamanian company in Hefei for an inspection visit to Anhui. Relevant enterprises in Lujiang, Hefei and Wuhu were inspected respectively.
Financial News
Further Cut Tariffs on A Number of Imported Goods Starting July 1.
The State Council decided last Week to further cut tariffs on a number of imported goods starting July 1.
The decision, at an executive meeting presided over by Premier Li Keqiang, was described as continuing the country's opening-up to benefit domestic consumers and boost industrial transformation.
Average tariff rates for clothes, shoes, hats, kitchenware and sports products will be reduced to 7.1% from the current 15.9%, according to a statement released after the meeting.
Average rates for household appliances like washing machines and refrigerators will drop to 8%, 12.5 percentage points lower.
Tariffs on aquatic products and mineral water will be 6.9% on average, down from the existing 15.2%, while those on cleaning products, cosmetics and some healthcare products will be levied at 2.9%, down from the present 8.4%.
Further tariff cuts will be beneficial to opening-up and meet public demand, which will also push forward quality improvements and industrial upgrading, the statement said.
It also said related departments should strictly carry out the policy and prevent any price increases by middlemen as a result.