ANNOUNCEMENT 18 Jul 2017

July 18th, 2017 - The Chinese General Administration of Customs released Public Announcement No.30/2017: firms designated as 'encouraged' according to the 2017 'Foreign Investment Guidance Catalogue' will be eligible for complete import tariff exemptions for self-use equipment.

NUMBER OF INTERVENTIONS

2

  • 0 harmful
  • 0 neutral
  • 2 liberalising

SOURCE

PRC General Administration of Customs, July 18th, 2017. (海关总署公告2017年第30号)
http://www.customs.gov.cn/customs/302249/302266/302267/715924/index.html

Inception date: 18 Jul 2017 | Removal date: open ended
Still in force

FDI: Financial incentive

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 SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A
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.

 
N/A