IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 18 Jul 2017 | Removal date: open ended
Still in force

Import tariff

On the 18 July 2017, the PRC General Administration of Customs announced a clarification of the benefits that firms coming under the remit of the 2017 'Foreign Investment Guidance Catalogue' (see related measure) will receive, specifically, an exemption of import tariffs on all equipment destined for use by the importing firm.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

110 Coal & peat
120 Crude petroleum & natural gas
142 Non-ferrous metal ores & concentrates
216 Vegetable oils
235 Sugar & molasses
491 Motor vehicles, trailers & semi-trailers; parts
495 Railway & tramway locomotives & rolling stock; parts
496 Aircraft & spacecraft; parts
642 Long-distance transport services of passengers
652 Water transport services of freight
711 Financial, insurance & pension services, excl. investment banking
712 Investment banking services
713 Insurance & pension services, excl. social security
714 Reinsurance services
715 Services auxiliary to financial services
716 Services auxiliary to insurance & pensions
717 Services of holding financial assets

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