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China adjusts import tariffs, VAT for some tech equipment

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    • China President, Xi Jinping - 1st story
    China’s President, Xi Jinping

    China’s Finance Ministry said on Monday it has adjusted import tariffs and value-added tax (VAT) for imports for some technological equipment from Jan 1.

    These include nuclear, oil, gas, coal, petrochemical and aircraft equipment, the Ministry of Finance said on its website.

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