China’s commitment to global development took a significant step forward as it began offering zero-tariff treatment to all least developed countries (LDCs) with which it has diplomatic relations. Starting Sunday, the Chinese mainland will eliminate tariffs on 100 percent of goods from these nations, making it the first major economy to implement such a comprehensive policy.
This initiative is poised to strengthen economic ties between China and African countries, many of which are classified as LDCs. Observers note that this move addresses the development needs of the Global South and underscores China’s dedication to sharing opportunities through tangible actions.
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African countries applaud China's zero-tariff treatment policy
cgtn.com
