In recent years, the market environment of high import tax on finished products and low import tax on raw materials has created a favorable condition for the development of local factories. This has been a great opportunity for local manufacturing industries to strengthen their competitiveness in the global market.

For many years, countries around the world have been imposing tariffs on imported finished goods in order to protect their local industries. However, this approach has not been very effective in some cases, as it only serves to increase the prices of the imported products, without encouraging the development of local industries. Therefore, in recent years, many countries have started to impose high import taxes on finished goods while lowering the tariffs on raw materials. This policy has proved to be more successful, as it has encouraged the development of local industries and boosted economic growth.

In countries where the import tax on finished products is high, local factories have a distinct advantage. They are able to produce goods at a lower cost than their foreign counterparts, as they can procure the raw materials at a lower price. In addition, they can also avoid the high import taxes on finished goods, thereby making their products more affordable in the local market.

The lowering of import taxes on raw materials has also incentivized local factories to increase their production capacity. They can now import more raw materials at a lower cost, which allows them to produce goods at a higher volume and at a lower cost. This has led to a higher degree of specialization and competitiveness in local manufacturing sectors.

Moreover, the reduction in import taxes on raw materials has also encouraged local manufacturers to innovate and develop new products. With the availability of cheaper raw materials, they are now able to experiment with new ideas and develop products that are competitive in the global market.

In conclusion, the market environment of high import tax on finished products and low import tax on raw materials has created a favorable condition for the development of a strong local manufacturing industry. This policy has enabled local industries to compete effectively with their foreign counterparts and has helped to boost economic growth. Therefore, it is important for governments around the world to adopt similar policies and create an environment that is conducive to the development of local industries.