In the News: Lower Import Tariffs; Blockchain Pilot Zone; and Export Tax Rebate

October 09, 2018 | BY

Jacelyn Johnson

China lowers import tariffs on MFN taxable items; Hainan province launches a blockchain research center in collaboration with the University College Oxford; and the State Council raises export tax rebate rate to stimulate trade.

Share:

Lower Import Tariffs

The Customs Tariff Commission of the State Council has recently issued an 'Announcement of the Customs Tariff Commission on Reducing Import Tariffs on Certain Commodities,' and a 'Notice on Adjusting the Import Tax on Imported Goods,' both of which will take effect from November 1.