Just a week after China announced it would cut import tariffs on food and infant formula, France appears to have secured a deal to boost trade to the world’s most-populous nation.

China is poised to approve more French imports of pork, processed meat and infant formula after passing inspections, Reuters reported finance minister Bruno Le Maire as saying today (1 December).

From today, China is due to relax average import taxes on products including some food items to 7.7% from 17.3%, the Ministry of Finance said in a statement on 24 November. A total of 187 products will be covered across a range of consumer-goods categories.  

“We got some very concrete results,” Reuters reported Le Maire as saying at a press briefing from the China-France High-Level Economic and Financial Dialogue.

“In the food sector, in the sectors of infant formula, pork, and charcuterie products, the publication of audit results that we were waiting for will allow us to export more easily these products as well as beef.” 

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.