Global Trade Alert
Global Trade Alert

China: 2015 update to catalogue of tax-free imports for the production of 'Major technical equipment'

Announcement

07 Dec 2015

December 7, 2015 - Six Chinese ministries jointly released an updated version of the list of goods which could be imported tax-free for the production of certain types of 'major technical equipment'.

Source

Sign in to access

Number of interventions

5

2 certainly harmful

0 likely harmful

3 liberalising

List of interventions

Implementation date

01 Jan 2016

Revocation date:

31 Dec 2017

Updated: 07 Dec 2015
Internal taxation of imports

In December 2016, the Chinese government added 50 tariff lines to a catalogue of products eligible for tax-free (tariffs and VAT) imports when used to produce certain types of 'major technical equi...

Sign in to see more
Updated: 07 Dec 2015
Import tariff

On the 7th of December 2016, six Chinese ministries* jointly announced an update to the list of goods that can enjoy tax-free (tariffs and VAT) imports, provided that they are used for the producti...

Sign in to see more

Implementation date

01 Jan 2016

Revocation date:

31 Dec 2016

Updated: 07 Dec 2015
Tax or social insurance relief

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 may enjoy tax-fre...

Sign in to see more

Implementation date

01 Jan 2016

Revocation date:

31 Dec 2017

Updated: 07 Dec 2015
Tax or social insurance relief

China's 'Major Technical Equipment' policy grants tax-free imports to firms in certain sectors involved in the production of said equipment.

This represents a sector-specific preferential t...

Sign in to see more
Updated: 07 Dec 2015
Import tariff

In addition to the above, 138 items were also removed from the tax-free roster.

23 items were also added to the list of dutiable imports if imported for use in projects benefiting from a 19...

Sign in to see more

Threads

See all

This state act is not part of any Thread yet.