24 July 2019
The General Administration of Customs issued a notice on the issues concerning the implementation of the “Encouraged Industry Catalogue for Foreign Investment (2019 Version)” (hereinafter referred to as the “2019 Encouraged Catalogue") on 24 July 2019.
From 30 July 2019, for foreign invested projects that fall within the scope of the 2019 Encouraged Catalogue, the imported self-use equipment and related technologies and accessories can be exempted from customs duties in accordance with the relevant regulations. For foreign invested projects that have been approved or filed before 30 July 2019, they may also continue to enjoy preferential import tax benefits in accordance with the relevant regulations by obtaining relevant documents issued by the investment departments.