Area
China (Mainland)
Commodity Group
Oilseeds, oils and meals
Commodity
All
Date
01/05/2017
Policy Category
Trade
Policy Instrument
Tax policy
Description
Announced a reduction in the value-added tax on agricultural goods effective 1 July 2017 as part of ongoing reforms to simplify the countrys tax structure and stimulate economic growth. The measure will apply to oilseeds and oilseed products, whether locally produced or imported.