ANNOUNCEMENT 24 Feb 2014

On 24 February 2014, the Chinese government announced plans to change certain import tariffs on equipment. The measure will come into effect on 1 March 2014 and its aim, according to the state news agency Xinhua, is to improve resource exploration, control air pollution, push the development of new energy sources and increase railway safety.

NUMBER OF INTERVENTIONS

2

  • 1 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Economic and Commercial Counsellor's Office of the Embassy of the People's Republic of China in Jamaica. (2014). China scraps tariffs on oil exploration facilities. Available at http://jm2.mofcom.gov.cn/article/chinanews/201403/20140300503924.shtml

Xinhuanet.com. (2014). China scraps tariffs on oil exploration facilities. Available at http://news.xinhuanet.com/english/china/2014-02/28/c_133151070.htm

Reuters. (2014). China to abolish import duties on "important" hi-tech equipment - Xinhua. Available at http://www.reuters.com/article/2014/02/28/idUSL3N0LX3JS20140228