ANNOUNCEMENT 09 Sep 2016

September 9, 2016 - The Chinese government published a new iteration of a scheme which granted interest subsidies on certain imports.

NUMBER OF INTERVENTIONS

2

  • 1 harmful
  • 0 neutral
  • 1 liberalising

SOURCE

PRC National Development and Reform Commission, September 9, 2016. (发改产业〔2016〕1982号)
http://www.ndrc.gov.cn/fzgggz/gyfz/gyfz/201611/t20161110_826213.html

Inception date: 09 Sep 2016 | Removal date: open ended
Still in force

Import incentive

On the 9th of September, 2016, three Chinese ministries* jointly announced a new version of a policy originally from 2009 (see related State Act) where certain imports would be granted interest subsidies.

Items which are considered by the National Development and Reform Commission difficult to obtain or manufacture in China, but useful for the advancement of Chinese technology, are included in the scheme.

In total, 20 new 'equipment' items and 40 new 'industries' were added to the catalogue.

The imports for which the scheme can be requested are divided into three categories as follows (in brackets are shown the total number of entries per category, and the difference from the previous edition of the catalogue):

  1. Technologies (206; -43)
  2. Equipment (105; +20, -81)
  3. Industries (66; +46)

Category 2. enumerates various specific tariff lines which are eligible for the discounts, which are included in the taxonomy section.

*PRC State Council, National Development and Reform Commission, Ministry of Commerce

AFFECTED SECTORS