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01:35
Australia welcomes China's tariff lifting on Australian wine
STORY: Australia welcomes China's tariff lifting on Australian wine
SHOOTING TIME: March 28, 2024
DATELINE: March 29, 2024
LENGTH: 00:01:35
LOCATION: Canberra
CATEGORY: POLITICS/ECONOMY/MARKET
SHOTLIST:
1. various of Australian winery
2. various of bottled wine in supermarkets
STORYLINE:
Australia has welcomed China's decision to lift anti-dumping and anti-subsidy tariffs on Australian wine.
A joint media release from Australian government agencies said that the Australian side welcomes this outcome, which comes at a critical time for the Australian wine industry, adding that "the re-entry of Australian bottled wine into the Chinese market will benefit both Australian producers and Chinese consumers."
China's Ministry of Commerce on Thursday announced that the country will lift anti-dumping and anti-subsidy tariffs on Australian wine from Friday.
The media release introduced that Australia's wine exports to China were worth 1.1 billion Australian dollars (some 713 million U.S. dollars) in 2019.
Xinhua News Agency correspondents reporting from Canberra.
(XHTV)
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