币界网报道：China has signed a new trade agreement that will eliminate tariffs on 55 categories of imported goods, effective immediately. The deal covers a wide range of products including agricultural goods, industrial components, and consumer electronics, aiming to boost trade efficiency and reduce costs for businesses. Government officials stated this move aligns with China's broader strategy to enhance global trade partnerships and stimulate domestic economic growth. Industry analysts predict the tariff reductions could save importers approximately $250 million annually, with particular benefits for sectors reliant on high-tech components and raw materials. The agreement excludes certain sensitive items like steel and chemicals, maintaining existing protections for domestic producers. This development follows recent trade negotiations and marks China's latest effort to balance trade liberalization with strategic economic safeguards.