国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

Foreign brands cut prices in China as VAT rates go down

Source: Xinhua| 2019-04-02 00:27:21|Editor: Yamei
Video PlayerClose

SHANGHAI, April 1 (Xinhua) -- World famous consumer brands including Apple, Louis Vuitton and Gucci have announced their decisions to cut their suggested retail prices to give the gains from China's value-added tax (VAT) cut to consumers.

China on Monday started to slash VAT in multiple industries.

Apple's online store in China lowered the price of iPhone XS and iPhone XS MAX by 500 yuan (74.6 U.S. dollars), while that of iPhone XR dropped 300 yuan. Its newly launched iPad Air, iPad mini and AirPods are also on the price-cut list.

Luxury brands Louis Vuitton and Gucci have also announced a drop of 3 percent for their whole product lineup.

Car manufacturers including Mercedes-Benz, BMW, Audi, Lincoln and Volvo have already cut the suggested retail prices of cars as much as 80,000 yuan over the past weeks after China announced VAT rate cut.

China has set out a plan for the large-scale tax cut, including lowering the VAT rate in manufacturing and other industries from 16 to 13 percent and that in transportation, construction and other industries from 10 to 9 percent.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011103261379414481
主站蜘蛛池模板: 广宗县| 保亭| 白山市| 佛山市| 建水县| 无为县| 蒙阴县| 临澧县| 大理市| 通山县| 哈尔滨市| 榕江县| 凤庆县| 丹阳市| 北海市| 兰溪市| 荣昌县| 杭州市| 青浦区| 株洲市| 兴义市| 临西县| 朝阳区| 昌邑市| 桃源县| 怀远县| 焉耆| 丹巴县| 乐业县| 绍兴县| 玉屏| 平邑县| 文安县| 乃东县| 海晏县| 潢川县| 伊春市| 通海县| 稷山县| 南岸区| 西丰县|