Area
China (Mainland)
Commodity Group
Biofuels
Commodity
Biodiesel
Date
01/10/2013
Policy Category
Trade
Policy Instrument
Duty-exempt imports
Description
Offered 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.
Notes
CHINA biodiesel importation: Reportedly, Chinas 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.
