Australia-China trade to benefit from tariff cuts
Ministry spokesman Sun Jiwen said Australia's fruit would be one of the major beneficiaries of the deal.
"Even though the free trade deal only came into force in December 2015, it has had positive effects on bilateral trade," Mr Sun said.
The volume of bilateral trade amounted to 637.34 billion yuan ($93 billion) between January and November in 2016, down 1 per cent on a year-on-year basis, data from the General Administration of Customs showed.
Under the FTA, Australia will eventually reduce tariffs to zero on all goods from China, and China will remove tariffs on the vast majority of Australian goods.
source: thecattlesite.com
