China will cut coal import tariffs to zero from 1 May 2022-31 March 2023, the Customs Tariff Commission of the State Council has announced 28 April 2022.
China's top banking and insurance regulator has released a circular on strengthening financial support for coal and electricity production and maintaining order in the commodity market.
The Work Safety Committee of the State Council, the country's Cabinet, has launched a campaign to "remove safety hazards at the root" and effectively curb major accidents in workplaces across the country in about three years.
China will slash export tariffs for coal from Jan. 1,2015 and adjust those for a range of other commodities as part of broader efforts to re-order trade and foster economic growth.
Australian coking coal producers have regained their competitive advantage after a Free Trade Agreement inked between China and Australia in Brisbane on the afternoon of Nov 17th saw the immediate removal of the 3% duty on coking coal imports.
Tariffs of 3 per cent on anthracite and coking coal(HS code 27011100), 5 per cent on briquettes (HS code 27011900 and 27012000) and 6 per cent on other coals (HS code 27011210 and 27011290) were announced by the finance ministry on Oct 8th