On 28 August 2020, China’s Ministry of Commerce (MOFCOM) and Ministry of Science and Technology (MOST) announced updates to the Catalogue of Technologies Prohibited or Restricted from Being Exported. The updates have added certain technologies in areas such as gene engineering, additive manufacturing, artificial intelligence, cybersecurity, and aerospace.
The Catalogue, which was last updated in 2008, is prepared and updated by MOFCOM and MOST based on considerations such as the national security and public interest. The updates become effective as from the date of announcement.
Source Deloitte
Latest Posts in "China"
- Boosting Market Access: China Renews VAT and CIT Exemptions for Foreign Bond Investors
- China Expands Instant VAT Refunds to Boost Tourist Spending
- China Urges Targeted, Risk-Based Measures in Invoicing Crackdown to Protect Legitimate Business
- Fujian Tax Bureau Seeks Public Input on Land Value-added Tax Collection Draft Announcement
- China Eliminates Export VAT Refunds for Photovoltaic, Battery Products Starting April 2026
