China to reduce tariffs, expand imports: Xi

BOAO, Hainan, April 10 (Xinhua) -- Chinese President Xi Jinping said Tuesday China will significantly lower the import tariffs for vehicles and reduce import tariffs for some other products this year.

"We will take the initiative to expand imports," Xi said in a keynote speech at the opening ceremony of the Boao Forum for Asia annual conference held in the southern island province of Hainan.