Markets and Trade
AreaChina (Mainland)
Commodity GroupBiofuels
CommodityBiodiesel
Date01/10/2013
Policy CategoryTrade
Policy InstrumentDuty-exempt imports
DescriptionOffered trade incentives to stimulate domestic biofuel consumption: biodiesel imports from ASEAN counties are duty exempt (as long as the contain at least 30 percent biofuel.
NotesCHINA – biodiesel importation: Reportedly, China’s biodiesel imports increased in recent months as trading companies started to take advantage of tariff and other trade incentives offered by the government to stimulate domestic biofuel consumption. While the importation of diesel is strictly regulated and local diesel sales are subject to consumption taxes, biodiesel imports from ASEAN countries are duty-exempt (as long as they contain at least 30 percent biofuel). Although detailed import statistics are not available, Malaysia, Indonesia and Thailand are said to be the main import origins.