Global Trade Alert
Global Trade Alert

China: Canceled purchase incentives to foreign firms

Announcement

25 Dec 2008

In December 2008, the government of China announced a change in the required local inputs to serve domestic customers.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

01 Jan 2009

Revocation date:

No revocation date

Updated: 25 Dec 2008
Local content requirement In force
On 25 December 2008, the Ministry of Finance issued Notice No. 176. Starting from 1 January 2009, the foreign registered firms in China will no longer benefit from the VAT rebate, when they purchase l...
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