Shanghai Announces First Round of Tariff Waivers on U.S. Import Items
Statistics released by the Shanghai Customs show that the Shanghai Customs have implemented waivers for the first batch of tariff-imposed US goods. By the application deadline on March 11, 2020, a total of 429 companies have received tax refunds. The total tax refund amount came to RMB 631 million.
Signed Investments in Heilongjiang Free Trade Zone Exceeds RMB 170 billion
According to the Heilongjiang Provincial Department of Commerce, the China (Heilongjiang) Pilot Free Trade Zone has innovated the way of attracting investment during the COVID-19 epidemic by attracting new investments online. By the end of September 2019, the Heilongjiang Free Trade Zone has listed 94 newly signed projects with investment of RMB 175.365 billion.