IPhone prices in China are reduced – Again



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The prices of iPhones in China are being reduced – again.

Top e-commerce sites, including Tmall and JD.com, have already lowered phone prices twice this year. Now the cuts are getting an official seal of approval – on Apple's own website.

For the first time this year, Apple has lowered iPhone prices on its official Chinese website.

On Monday, the maker of smartphones lowered prices between 300 yuan ($ 44.7) and 500 yuan for all models of the iPhone X, iPhone 8 and iPhone 7, according to its website.

The cut comes in response to the reduction of China's tax burden to industry and other sectors that began on April 1, Caixin learned.

The new regulation reduced the value added tax (VAT) for manufacturers to 13%, from 16%, and the VAT rate for the transportation and construction sectors from 10% to 9%.

Prices on Apple's Web site are still not lower than on some e-commerce sites, which saw the price of iPhone X models drop as high as 2,000 yuan last month amid tepid sales of phones in China.

Related: iPhone sluggish reaches Apple's Chinese supply chain

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