The Commerce Ministry earlier this month said nearly a third of total imports are receiving preferential tariff treatment. Most of them are consumer products.

Till date, China has signed 16 free trade agreements with 24 countries and regions across Asia, Europe, America and Oceania. 15 of them have come into effect, putting zero-tariff imported commodities at about 8-thousand. Analysts say the lowered import tariffs will give domestic consumers more choices. This also keeps a large proportion of the purchasing power inside the country, since China's import tariffs were relatively high in the past. Many imported commodities usually cost 30 percent more in China.

Statistics show that in 2015, Chinese consumption abroad was about 1.2 trillion yuan. Consumers bought 46 percent of luxury goods in the world. And in 2016, consumption abroad saw an increase of 12 percent, making Chinese visitors the biggest spenders abroad in the world.