Announcement
12 Mar 2012
March 12, 2012 - Six Chinese ministries jointly announced an update to their policy of tax-free imports for certain items pertaining to the manufacture of 'major technical equipment'.
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Number of interventions
5
2 certainly harmful
0 likely harmful
3 liberalising
List of interventions
Implementation date
01 Apr 2012
Revocation date:
31 Mar 2013
Updated: 12 Mar 2012
Internal taxation of imports
<p>In March 2012, the Chinese government announced a new version of a list of goods able to be imported tax-free (tariffs and VAT) when used in the production of certain kinds of 'major tec...
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Updated: 12 Mar 2012
Tax or social insurance relief
<p>The Chinese government has, since 2009, instituted a policy pertaining to 'Major Technical Equipment', through which firms in certain industrial sectors who produce this equipment m...
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Updated: 12 Mar 2012
Import tariff
<p>On the 12th of March, 2012, six Chinese government ministries* announced a revised version of the tax-free import policy for items used in the manufacture of 'major technical equipment&#...
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Implementation date
01 Apr 2012
Revocation date:
31 Mar 2013
Updated: 12 Mar 2012
Tax or social insurance relief
<p>China's 'Major Technical Equipment' policy grants tax-free imports to firms in certain sectors involved in the production of said equipment.</p>
<p>This represents...
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Updated: 12 Mar 2012
Import tariff
<p>In addition to the above, 11 items were removed from the list, meaning they could no longer benefit from the policy.</p>
<p>A new list of 258 tariff lines was also introduced, wh...
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Related State Acts
26 Nov 2019
China: 2019 update to catalogue of tax-free imports for the production of 'Major technical equipment'
28 Nov 2018
China: 2018 update to catalogue of tax-free imports for the production of 'Major technical equipment'
22 Dec 2017
China: 2017 update to catalogue of tax-free imports for the production of 'Major technical equipment'
07 Dec 2015
China: 2015 update to catalogue of tax-free imports for the production of 'Major technical equipment'
18 Feb 2014
China: 2014 update to catalogue of tax-free imports for the production of 'Major technical equipment'
25 Mar 2013
China: 2013 update to catalogue of tax-free imports for the production of 'Major technical equipment'
12 Mar 2012
China: 2012 update to catalogue of tax-free imports for the production of 'Major technical equipment'
26 Oct 2010
China: Interim update to list of 'Parts for large technical equipment' exempted from import tariffs
22 Apr 2010
China: 2010 update to catalogue of tax-free imports for the production of 'Major technical equipment'
20 Aug 2009
China: 2009 update to catalogue of tax-free imports for the production of 'Major technical equipment'
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