BEIJING, Feb. 21 (Xinhua) — China’s Ministry of Finance, General Administration of Customs, and State Taxation Administration have collectively launched a discover concerning the implementation of import tax incentives for the popularization of science and know-how through the fifteenth Five-Year Plan interval (2026-2030).
The coverage, efficient from Jan. 1, 2026, to Dec. 31, 2030, exempts import tariffs and import-linked value-added taxes on items imported by sci-tech popularization establishments.
These items embody popularization movies, movies, and gear that can not be produced domestically, or whose home variations fail to fulfill required efficiency requirements.
Eligible establishments embody science and know-how museums and pure historical past museums, in response to the discover. ■