China Nonferrous Metals News
China will implement the provisional import tax rate, which is lower than the MFN (most favored nation) tax rate for more than 850 products, with effect from 1st January 2020. Categories of products includes food and consumer goods, medications, equipment and machine parts, and some wood and paper products.
In the meantime, the provisional import tax rates of tungsten scrap and niobium scrap will be suspended and the MFN tax rates will be resumed with effect from 1st January 2020, for the sake of coordinated development of trade and environment.
