AGRICULTURAL PRODUCTS

Guangdong Extends Pilot Programme of Input VAT on Agricultural Products

08 February 2021

The Guangdong Provincial Tax Service of the State Taxation Administration and the Department of Finance of Guangdong Province recently announced in a joint circular (No. 5 [2020]) that extends to the soy sauce and fermented black bean manufacturing industries a pilot programme relating to assessment and deduction of input value-added tax (VAT) on agricultural products. More

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2021 Export Quotas for Some Agricultural Products Supplied to Hong Kong and Macao

07 January 2021

The Ministry of Commerce recently released its 2021 plan for the allocation of export quotas for some agricultural products (Shang Mao Han No. 679 [2020]), requiring the competent commerce departments to complete in a timely manner the secondary allocation and verification of export quotas. More

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China Announces Arrangements for Reallocation of Unused 2020 Tariff Quotas of Agricultural Imports

28 August 2020

All end-users awarded a share of the mainland’s 2020 wheat, corn, rice, cotton or sugar tariff-rate quota (TRQ) allocation have until 15 September to report any likely shortfall in their allocation to the local offices of the National Development and Reform Commission (NDRC) and Ministry of Commerce (MOFCOM). More

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China Unveils National Rural Industry Development Plan

12 August 2020

The Ministry of Agriculture and Rural Affairs recently released a National Rural Industry Development Plan (2020-2025) to implement central government policies and accelerate the development of industry in rural areas. More

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China Allows Imports of US Barley and Other Agricultural Products

22 May 2020

On 13 May, the General Administration of Customs (GAC) issued three announcements on allowing the import from the US of fresh blueberries, barley and alfalfa hay cubes and pellets, almond meal pellets and cubes, and timothy hay, provided they meet the relevant requirements. More

hktdc research

Shandong logistics sector - new opportunities for value-added services

06 December 2013

Shandong’s diverse industrial sectors have given rise to a highly-segmented logistics industry. Industries in Shandong are seeking to optimise supply chain management with higher value-added logistics services, particularly regarding the province’s well-established food industry and its growing pharmaceuticals sector. Hong Kong companies are well placed to benefit from the emerging opportunities, capitalising on their strengths in value-added services, technology and supply-chain solutions. More

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