China adjusts import tariffs policy to encourage innovation- China Leather Web
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China adjusts import tariffs policy to encourage innovation
2009/9/8 16:44:46 Source: 中国皮革网 Author:未知
[Guide]China's government is adjusting its policies on imported technological equipment with the purpose of boosting domestic innovation and greater industrial restructuring and upgrading. Ke ...

    China''s government is adjusting its policies on imported technological equipment with the purpose of boosting domestic innovation and greater industrial restructuring and upgrading.

    Key components and raw materials imported by domestic enterprises for manufacturing major technological equipment and products are exempted from import tariffs and value-added tax (VAT) as of July 1 this year, according to a joint communique issued by the Ministry of Finance and five other ministries Friday.

 


 

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