On June 8, the Ministry of Finance officially released the Notice on Import Tax Policy for China (Guangdong) Pilot Free Trade Zone (hereinafter referred to as the Notice), setting forth the import taxation policies for China (Guangdong) Pilot Free Trade Zone. The preferential import tax policy has ground-breaking significance for the four pilot free trade zones and the policy is expected to significantly facilitate Guangdong to give full play to its advantage as a foreign trade power, and stimulate the vitality and potential of the consumer market, especially the cross-border e-commerce of the province, said relevant experts.

 

Source: Excerpts from Nanfang Daily, June 9, 2015