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Global Trade Alert

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China: Import tax exemptions for offshore oil and gas exploration during 15th Five-Year Plan

Description

On 13 February 2026, the Chinese government adopted Caiguanshui 2026/16, reducing import VAT rebate measures for imported natural gas for specified natural gas pipeline and LNG storage and transportat...

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Intervention Details

Intervention Type

Internal taxation of imports

MAST Chapter

F: Price-control measures, including additional taxes and charges

Implementation date

01 Jan 2026

Revocation date

31 Dec 2030

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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