ANNOUNCEMENT 11 Dec 2019

December 11th, 2019 - The Chinese customs authority announced a new tax-free import policy for certain sectors.

NUMBER OF INTERVENTIONS

2

  • 1 harmful
  • 0 neutral
  • 1 liberalising

SOURCE

PRC General Administration of Customs, December 11th, 2019. (海关总署公告2019年第196号(关于执行《产业结构调整指导目录(2019年本)》的公告))
http://www.customs.gov.cn/customs/302249/302266/302267/2786208/index.html

Inception date: 01 Jan 2020 | Removal date: open ended

Import tariff

On December 11th, 2019, the Chinese General Administration of Customs released Announcement 2019/196 (hereafter, 'Announcement'), which contained information on implementing actions arising from a new 'Industry Restructuring Guidance Catalogue' released in November of the same year (see related act).

The Announcement stated that for companies that successfully attain recognition as being in the 'encouraged' category of industry, they would be given permission to import 'equipment and spare parts' for self-use, in line with another industrial policy relating to the importation of 'major technical equipment' (see other related act).

The December 2019 Announcement extends this tax-free import policy to any such equipment imported by firms in the 'encouraged' category, even if not included in the tax-free imports catalogue.

The measures contained in the Announcement went into effect from January 1st, 2020.

AFFECTED PRODUCTS

 
630110 731511 731512 731519 732111 732190 732219 732290 840310 840390 840510 840590 840681 840682 840690 840710 840721 840729 840733 840734 840790 840810 840820 840890 840910 840991 840999 841090 841111 841112 841122 841181 841182 841191 841199 841221 841229 841231 841239 841280 841290 841319 841320 841330 841340 841350 841360 841370 841381 841382 841391 841410 841430 841451 841459 841460 841480 841490 841510 841520 841581 841582 841583 841590 841610 841620 841630 841690 841710 841720 841780 841790 841810 841821 841830 841840 841850 841861 841869 841899 841911 841919 841931 841932 841939 841940 841950 841960 841981 841989 841990 842010 842091 842099 842119 842121 842123 842129 842131 842139 842191 842199 842211 842219 842220 842230 842240 842290 842320 842330 842381 842382 842389 842390 842410 842420 842430 842481 842489 842490 842511 842519 842531 842539 842542 842549 842611 842619 842630 842641 842649 842691 842699 842710 842720 842790 842810 842820 842831 842832 842833 842839 842860 842890 842911 842930 842940 842951 842952 842959 843010 843020 843031 843039 843041 843049 843050 843069 843110 843120 843131 843139 843141 843143 843149 843210 843229 843230 843240 843280 843290 843311 843319 843320 843340 843351 843352 843353 843359 843360 843390 843410 843420 843490 843510 843610 843621 843629 843680 843691 843710 843780 843810 843820 843830 843840 843850 843860 843880 843890 843910 843920 843930 843991 843999 844010 844090 844110 844120 844130 844180 844190 844230 844240 844311 844313 844316 844317 844319 844331 844332 844339 844391 844399 844400 844511 844512 844513 844519 844520 844530 844540 844590 844610 844621 844630 844711 844712 844720 844790 844811 844819 844820 844831 844832 844833 844839 844842 844849 844851 844859 844900 845011 845020 845090 845110 845121 845129 845130 845140 845150 845180 845190 845210 845221 845229 845230 845290 845310 845320 845380 845390 845410 845420 845430 845490 845521 845522 845530 845590 845610 845620 845630 845690 845710 845720 845730 845811 845819 845891 845910 845921 845929 845931 845940 845951 845961 845969 845970 846011 846019 846021 846029 846031 846040 846090 846120 846130 846140 846150 846190 846210 846221 846229 846231 846239 846241 846249 846291 846299 846310 846320 846330 846390 846410 846420 846490 846510 846591 846592 846593 846594 846595 846596 846599 846610 846620 846630 846691 846692 846693 846694 846711 846719 846721 846729 846781 846789 846791 846792 846799 846820 846880 846890 847010 847050 847130 847141 847149 847150 847160 847170 847180 847190 847230 847290 847329 847330 847340 847350 847410 847420 847431 847432 847439 847480 847490 847521 847529 847590 847621 847690 847710 847720 847730 847740 847751 847759 847780 847790 847810 847890 847910 847920 847930 847940 847950 847960 847979 847981 847982 847989 847990 848010 848020 848030 848041 848049 848050 848060 848071 848079 848110 848120 848130 848140 848180 848190 848210 848220 848230 848240 848250 848280 848291 848299 848310 848320 848330 848340 848350 848360 848390 848410 848420 848490 848610 848620 848630 848640 848690 848790 850811 850819 850870 850940 850980 850990 851010 851020 851030 851090 851410 851420 851430 851440 851490 851511 851519 851521 851529 851531 851539 851580 851590 851610 851629 851631 851632 851640 851650 851660 851671 851679 851680 851690 851712 851718 851761 851762 851769 851770 851810 851821 851822 851829 851830 851840 851850 851890 851981 851989 852190 852290 852321 852329 852341 852349 852351 852352 852359 852560 852580 852713 852721 852791 852799 852851 852859 852869 852871 852872 852910 852990 853210 853221 853222 853223 853224 853225 853229 853230 853290 853310 853321 853329 853331 853339 853340 853390 853400 854020 854071 854079 854081 854089 854099 854110 854121 854129 854130 854140 854150 854160 854190 854231 854232 854233 854239 854290 860210 860290 860400 860699 860711 860712 860719 860721 860729 860730 860791 860799 860800 860900 870120 870130 870190 870290 870310 870321 870322 870323 870324 870332 870333 870390 870410 870421 870422 870423 870431 870432 870510 870530 870590 870600 870710 870790 870810 870821 870829 870830 870840 870850 870870 870880 870891 870892 870893 870894 870895 870899 870911 870919 870990 871120 871130 871140 871150 871200 871410 871420 871493 871494 871496 871499 871610 871640 871680 871690 880211 880212 880220 880230 880240 880310 880320 880330 880390 880529 890110 890190 890391 890392 890399 890400 890510 890520 890690 890710 890790 930400 930621
(+ 633 more)
Inception date: 01 Jan 2020 | Removal date: open ended

Tax or social insurance relief

The Chinese General Administration of Customs (GAC) announced in December 2019 that, in order to carry out the directives in the 'Industry Restructuring Guidance Catalogue', it would be implementing a tax-free import policy for firms registered as being in the 'encouraged' categories of that catalogue (please see related act for detailed information on the catalogue).

While the GAC's December 2019 announcement reduced the import taxes for some firms, it is sector-dependent, representing a discriminatory treatment targeted at firms in these sectors, hence the red evaluation of this intervention.

Along with the catalogue mentioned above, this policy went into effect from the beginning of 2020.

There were a total of 821 specific 'sectors' in the original announcement. This intervention that list using the CPC code system, as per GTA standards.

 
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