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Mainland China lowers taxes on Taiwanese products, with machine tools and grinding machines making up a significant proportion.


Published Time:

2010-07-10

  On June 30, 2010, it was learned from the Oriental Morning Post that the mainland had reduced taxes on Taiwanese products. Over 500 product categories saw tax reductions, with machinery accounting for 107 items. Machine tools and various grinding machines made up a significant portion of these reductions. The main machinery products with reduced taxes include:

  1. Machine Tools: CNC horizontal lathes for metal cutting, other CNC lathes for metal cutting, CNC drilling machines for metal cutting, CNC surface grinders, grinding machines, grinding wheels, polishing machines, broaching machines, drawing machines, sawing or cutting machines, gantry planers, forging or stamping machines and forging hammers, non-CNC punching and slotting machines, combined punching and shearing machines, and machine tool parts, etc.

  2. Industrial Machinery: Paper processing machinery, textile machinery, printing machines, papermaking machines, rubber and plastic processing machines, filter machines, heat treatment machinery, and lifts.

  3. Other Machinery: Pumps, fluid power machinery, rolling machines, etc.

  4. Mechanical Components: Valves, machine tools, mechanical components, compressors and fans, and bearings, etc.