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China: Adjustment of VAT rebate policy for offshore wind power and nuclear power generation

Description

On 17 October 2025, the Ministry of Finance, the General Administration of Customs, and the State Taxation Administration adopted Announcement 2025/10, introducing revised Value-Added Tax (VAT) refund...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Nov 2025

Revocation date

31 Dec 2027

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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