Economy > Trade

China adjusts duty-free policy on equipment import

BEIJING
2015-12-15 15:13

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The Chinese government has adjusted the list of important technique equipment, key parts and raw materials that are exempted from tariff and import value-added tax. The new list will become effective as off January 1, 2016.

For instance, the import of axial-flow hydroelectric units won't enjoy duty free policy from the beginning of 2016 any more.

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