Global Trade Alert
Global Trade Alert

China: Further tax reductions on imports of certain pharmaceutical drugs

Announcement

27 Apr 2018

April 27th, 2018 - The Chinese government announced further tax reductions on imports of some pharmaceutical products.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

01 May 2018

Revocation date:

No revocation date

Updated: 27 Apr 2018
Internal taxation of imports In force

On April 27th, 2018, the Chinese Ministry of Finance announced that it would be reducing import VAT on certain medicines from the standard 17% to 3%.

In addition, the announcement also ment...

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