Imported medical equipment is subject to tariff reductions, price reductions, and some key parts are also exempt from tariffs.

On June 15th, June 15th, the State Council held an executive meeting of the State Council to determine measures to further expand imports in order to promote balanced development of the people's livelihood and foreign trade.

Among them, the meeting of the State Council determines: Support for consumer goods that affect people's livelihood, medicine Rehabilitation, old-age care and other equipment were imported. Measures were taken to reduce the tax rates on certain commodities, reduce intermediate circulation, clean up irrational price increases, and let people really feel the benefits of tax reduction.

The meeting also confirmed that it will increase the import of technical equipment that will facilitate transformation and development.

Two months ago, it was also an executive meeting of the State Council that decided to impose zero tariffs on imported anticancer drugs and encourage the import of innovative drugs. Subsequently, soon, the State Council’s Tariff Commission issued an announcement to impose tariff rates on 28 imported anticancer drugs since May. From the 1st of the day, all 3%-6% decrease to zero.

First, after the anti-cancer drugs, medical equipment should also be subject to tariff reduction. The specific tax-cutting varieties and tax cuts will be announced later;

Second, imports of medical equipment need to reduce circulation, eliminate unreasonable price increases, and look at the precedents of imported anti-cancer drugs and the direction of medical reforms. The government’s centralized procurement of medical equipment may be encouraged or encouraged in order to reduce intermediate price increases and reduce medical costs. The actual purchase price of the institution;

The third is to increase the import of technical equipment that is conducive to transformation and development, which means that the production of key parts and components of some medical equipment, raw materials, or tax reduction or even tax exemption.

In fact, in December last year, the Ministry of Finance, the National Development and Reform Commission, the Ministry of Industry and Information Technology, the General Administration of Customs, the General Tax Administration, and the Energy Administration have jointly issued a “Circular on Adjusting the Catalogue of Import Tax Policies for Major Technical Equipment”. On January 1 of the year, the three categories of major technical equipment import taxation policies will be adjusted.

In order to implement the requirements of the State Council's adjustment and revitalization plan for the equipment manufacturing industry, in 2009, the six departments including the Ministry of Finance jointly issued a tax policy for the import of major technical equipment. enterprise For the production of major technical equipment or products supported by the country, it is necessary to import some of the key parts and components and raw materials, exempt from customs duties and import value-added tax.

In the first few years after the implementation of this policy, medical equipment failed to enter the product and did not enjoy the preferential treatment of exemption from customs duty on key parts and raw materials. Instead, they were temporarily exempted from tax exemption.

In December 2015, the three catalogues were revised again. For the first time, three medical equipment products were incorporated into the major technical equipment and product catalogs supported by the state for development, thereby enjoying the duty-free benefits of importing some key components and raw materials by domestic companies.

The three products included in the first batch were: ≥1.5T superconducting magnetic resonance imaging system, ≥32 rows of CT, and not less than 16 rows of PET-CT.

Compared with the revised version in 2015, the newest revised version in 2017 has added seven medical equipment products to the list of major technical equipment and products supported by the state to enjoy part of the tax exemption for parts and raw materials.

The seven newly added products specifically include: Digital mammography X-ray machines, Medical angiography X-ray machines, Breast ultrasound light scattering diagnostic systems, DR, Magnetic resonance or CT guided intraoperative real-time navigation devices, Medical linear accelerators, Hemodialysis machine.

At present, there are a total of 10 medical equipment products that have taken the lead in enjoying national tax exemptions for parts and raw materials, such as DR's dynamic plates, mammography detectors, superconducting magnetic resonance superconducting magnets, and PET-CT's optoelectronics. Multiplier tubes and silicon photoelectric conversion chips, etc., are all tax-free.

This will undoubtedly be conducive to the domestic related production enterprises expanding the import of key spare parts and raw materials, and reducing costs, accelerating technology and product quality Transformation and upgrading, accelerating domestic import substitution.

In the future, if there is no accident, as one of the key areas for development in China, there will be more medical instruments Products are gradually incorporated into major technical equipment and product catalogs, and enjoy tax-free benefits for components and raw materials.

During this time, US President Trump wanted to impose tariffs on Chinese-made products such as medical devices, and he wanted to limit Chinese investors’ purchase of U.S. technology. The incident has so far lingered. The U.S. will eventually be overwhelming. Get rid of tariffs and investment restrictions, this month or see the outcome.

The United States intends to curb the rise of China's medical device manufacturing industry, but China cannot brutally and arbitrarily attack back and directly block importation. This is to maintain the balance of trade, meet the needs of consumption upgrades, and also force domestic demand for transformation and upgrading.

The reality of the industry is that, although domestic medical equipment has grown rapidly over the years, the overall gap with imports is still not small. Some areas are unable to achieve import substitution, and key spare parts and raw materials are heavily dependent on imports and have been choked on the throat.

The attitude of the country is clear: On the one hand, it supports the expansion of imports of medical equipment and lowers its tariffs, while also reducing purchase On the one hand, on the other hand, it is aimed at domestic medical equipment products that are still in their infancy or growth period, with upstream and downstream facilities that are not fully equipped, and they are exempt from tariffs on the parts and raw materials that they really need to import.

The former is forced, the latter is welfare, and the purpose is to promote domestic improvement. Supply-side reform, China's manufacturing transformation and upgrading is an unchangeable national strategy, and it also superimposes the pressure of international trade friction. Domestic self-renewal is particularly important. In this process, there will be some elimination, but those who can endure loneliness will finally be proud of the rivers and lakes!