ANNOUNCEMENT 22 May 2018
May 22nd, 2018 - The Chinese ministry of finance announced certain import tariffs on automobiles and automobile parts would be reduced.
NUMBER OF INTERVENTIONS
PRC Ministry of Finance, May 22nd, 2018. (税委会公告〔2018〕3号 国务院关税税则委员会关于降低汽车整车及零部件进口关税的公告)
On the 22nd of May, 2018, the Chinese government announced it would reduce import tariffs on certain automobiles and automobile parts.
For most vehicles, the import tariff is reduced from 25 to 15%, and for car parts from around 10 to 6%. Please see taxonomy section for details.
The changes come into effect from the beginning of July.