Global Trade Alert
Global Trade Alert

China: Import duties cut for integrated circuits manufacturers

Announcement

16 Mar 2021

 In March 2021, the Chinese government announced a selective import tariff reduction policy.

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

2 in force

Implementation date

27 Jul 2020

Revocation date:

No revocation date

Import tariff In force

On 16 March 2021, the Chinese government released Caiguanshui 2021/4 (hereafter, 'Announcement'), which expanded preferential treatment of firms in the integrated circuit (IC) manufacturing industry b...

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Implementation date

27 Jul 2020

Revocation date:

No revocation date

Tax or social insurance relief In force

On 16 March 2021, the Chinese Ministry of Finance released Caiguanshui 2021/4, which implemented import tariff exemptions for firms in the integrated circuit (IC) industry. As the duty concessions on ...

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