Recently, the Ministry of Finance has issued a 2017 annual implementation plan on the import taxation policy of major technology and equipment. After the implementation of the implementation plan, it is estimated that the import tax will be exempted from the import tax of 2.3 billion yuan.
In order to implement the requirements of the State Council's "Plan for the Adjustment and Revitalization of Equipment Manufacturing Industry" (Guo Fa [2009] No. 11), in August 2009, the six ministries and commissions such as the Ministry of Finance jointly issued the taxation policy on the import of major technical equipment and formulated the policy of supporting the development of the country Major technical equipment and imports of key components and raw materials, import duty-free customs duty-free and value-added tax. Major technical equipment is badly-needed equipment in all sectors of the national economy, with high technical content, R & D risk and long cycle and other characteristics of the implementation of the policy for 8 years More recently, the domestic backbone manufacturing enterprises and project owners have enjoyed this policy, with a total reduction and exemption of import taxes of about 32 billion yuan, effectively supporting the upgrading and optimization of the domestic equipment manufacturing industry. The policy administration departments work in close coordination and the working mechanism is smooth Effective implementation of the policy.
At present, the state is implementing the strategy of "Made in China 2025" and innovation-driven strategy. The Ministry of Finance will work with relevant departments to further implement the import tax policy on major technological equipment and promote the transformation and upgrading of China's equipment manufacturing industry.
