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Digital display instruments: http://yunrun.com.cn/product/ Recently, the Ministry of Finance, the Ministry of Industry and Information Technology, the General Administration of Customs, the State Taxation Administration, and the National Energy Administration issued a notice regarding the adjustment of the catalog of items subject to tax policies for the import of major technical equipment. Domestic enterprises that meet the specified conditions are exempt from customs duties and value-added tax on certain goods that are necessary for the production of specific equipment or products. The catalog shows that the major technical equipment eligible for relevant tax incentives includes equipment for air pollution control, solar cell manufacturing equipment, semiconductor light-emitting diode (LED) production equipment, key equipment for integrated circuits, equipment for manufacturing new types of flat-panel display devices, equipment for producing electronic components, materials genomics equipment, digital medical imaging equipment, and specialized equipment for biotechnology and medical production. Among them, air pollution control equipment includes online PM2.5 source analysis mass spectrometry monitoring systems for air quality, as well as online ion chromatographs ； Solar cell production equipment includes plasma-enhanced chemical vapor deposition equipment (PECVD), low-pressure chemical vapor deposition equipment (LPCVD), low-pressure diffusion furnaces, and atomic layer deposition equipment (ALD) ； Semiconductor light-emitting diode (LED) manufacturing equipment includes metal-organic chemical vapor deposition equipment (MOCVD), coating and developing machines, and high-brightness LED stepper projection lithography machines ； Key equipment for integrated circuits includes oxidation furnaces, high-density plasma etching machines, thin-film deposition equipment, silicon carbide high-temperature annealing furnaces, and automatic wafer defect detection equipment, among others ； Materials gene devices include high-throughput materials chip characterization systems and high-throughput materials chip fabrication systems ； Digital medical imaging equipment, bioengineering technologies, and specialized equipment for medical production include superconducting magnetic resonance imaging systems, X-ray computed tomography devices, positron emission and X-ray computed tomography scanning systems, fully automatic blood cell analyzers, glycated hemoglobin analyzers, fully automatic biochemical analyzers, and more. As can be seen from the new equipment product categories added to the relevant catalogues, this revision means that advanced manufacturing enterprises focused on high-tech fields such as electronic information, new materials, and high-end medical technology can once again benefit from tax incentives, which will help them foster technological innovation and increase investment in research and development. Notice from the Ministry of Finance, the Ministry of Industry and Information Technology, the General Administration of Customs, the State Taxation Administration, and the National Energy Administration regarding the adjustment of the catalog related to tax policies for the import of major technical equipment. To the finance departments (bureaus) of all provinces, autonomous regions, municipalities directly under the Central Government, and cities designated as separate planning units, as well as the industry and information technology authorities in these areas; to the Finance Bureau of the Xinjiang Production and Construction Corps; to the Guangdong Branch of the General Administration of Customs and its various directly affiliated customs offices; to the tax bureaus of all provinces, autonomous regions, municipalities directly under the Central Government, and cities designated as separate planning units under the State Taxation Administration; and to the supervision bureaus of all provinces, autonomous regions, municipalities directly under the Central Government, and cities designated as separate planning units under the Ministry of Finance: In light of the development of China’s equipment manufacturing industry and its supporting industries in recent years, and after consulting extensively with industry authorities, industry associations, enterprise representatives, and other stakeholders, the Ministry of Finance, the Ministry of Industry and Information Technology, the General Administration of Customs, the State Taxation Administration, and the National Energy Administration have decided to revise the catalog related to tax policies for the import of major technical equipment. The following is hereby notified: First, the \"Catalogue of Major Technical Equipment and Products for Development Support (Revised in 2019)\\" (see Attachment 1) and the \"Catalogue of Key Components and Raw Materials for the Import of Major Technical Equipment and Products (Revised in 2019)\\" (see Attachment 2) shall come into effect as of January 1, 2020. Domestic enterprises that meet the specified conditions and need to import the goods listed in Attachment 2 in order to produce the equipment or products listed in Attachment 1 shall be exempt from customs duties and value-added tax on imports. Where the implementation period is specified in Attachments 1 and 2, the exemption period for the relevant equipment, products, components, and raw materials expires on December 31 of that year. II. The “Catalogue of Major Technical Equipment and Products Subject to No Tax Exemption on Import (Revised in 2019)” (see Annex 3) shall come into effect as of January 1, 2020. For the following projects and enterprises that were approved after January 1, 2020 (including January 1) and are entitled to import tax preferential policies in accordance with or by reference to the relevant provisions of the \"Notice of the State Council on Adjusting Tax Policies for Imported Equipment\" (Guo Fa [1997] No. 37), import taxes shall be levied in full on the equipment for own use listed in Annex 3, as well as on the technology and supporting parts/spare parts imported along with such equipment as stipulated in the contracts: (1) Domestic investment projects and foreign-invested projects that are encouraged for development; (2) Projects financed by foreign loans and loans from international financial organizations; (3) Processing trade enterprises that receive imported equipment provided by foreigners without payment in kind; (4) Projects in industries where foreign investment holds advantages in the central and western regions; (5) Projects for technological upgrading carried out using their own funds by foreign-invested enterprises and research centers established with foreign investment, as specified in the \"Notice of the General Administration of Customs on Further Encouraging Foreign Investment through Relevant Import Tax Policies\" (Shu Shui [1999] No. 791). To ensure the smooth implementation of the aforementioned projects that were approved prior to the adjustments in the \"Catalogue of Major Technical Equipment and Products Subject to Import Duties (Revised in 2019)\\", those projects and enterprises whose approvals were given by December 31, 2019 (including that date), as well as those that import equipment by June 30, 2020 (including that date), shall continue to be governed by Annex 3 of the \"Notice by the Ministry of Finance, National Development and Reform Commission, Ministry of Industry and Information Technology, General Administration of Customs, State Taxation Administration, and Energy Bureau on Adjusting the Catalogues Related to Import Tax Policies for Major Technical Equipment\" (Cai Guan Shui [2018] No. 42) and the \"Announcement on the Adjustments\" issued by the Ministry of Finance, National Development and Reform Commission, General Administration of Customs, and State Taxation Administration (No. 83 of 2012). As of July 1, 2020, import duties shall be levied in accordance with regulations on the import of the equipment listed in the \"Catalogue of Major Technical Equipment and Products Subject to Import Duties Instead of Tax Exemptions (Revised in 2019)\) for the aforementioned projects and enterprises. To ensure consistency in the implementation of policies, the exemption from taxes for relevant projects and enterprises’ imported goods must be assessed in accordance with the \"Catalogue of Major Technical Equipment and Products Subject to Taxation upon Import (Revised in 2019)\" and the \"Catalogue of Imported Goods Subject to Taxation for Domestic Investment Projects (Adjusted in 2012)\). For goods whose names are identical in both catalogues, or for those listed only in the \"Catalogue of Major Technical Equipment and Products Subject to Taxation upon Import (Revised in 2019)\\", it is the goods listed in that catalogue along with their technical specifications that shall apply. III. As of January 1, 2020, the \"Notice of the Ministry of Finance, the National Development and Reform Commission, the Ministry of Industry and Information Technology, the General Administration of Customs, the State Taxation Administration, and the Energy Bureau on Adjusting the Catalogue Related to Tax Policies for the Import of Major Technical Equipment\" (Caiguanshui [2018] No. 42) is repealed.