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

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.

4 minute readOctober 09, 2018 at 02:30 AM

Jacelyn Johnson

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.

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