The Ninth Session of the Standing Committee of the 14th National People's Congress voted to pass the Customs Law on April 26
It will come into force on December 1 this year
It is a special tariff law enacted by the mainland
The Customs Law maintains the basic stability of the current tariff and taxation system, and the overall level of tax burden remains unchanged
It is of great significance to promote high-level opening-up and create a market-oriented, law-based, and international business environment
With the enactment of the customs law
Thirteen of the 18 existing taxes on the mainland have been enacted into law
Tax legislation has gone one step further
Source: Xinhua News Agency