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China Officially Extends Grace Period for CBEC Transition Policy

  •   22 Nov 2018
  •    Winnie Xu
  •  596
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    • The CBEC transition period has been officially prolonged since Jan 1st 2019 without a specific set expiration date.
    • CBEC-traded cosmetics, infant formula powder, medical device and special food (such as health food and food for special medical purposes) will be not subject to , pre-market approval requirements.
    • The positive lists of CBEC will be appended to include 63 types of new commodities in great demand.
    • Transaction limit of CBEC retail products eligible for preferential tax policy will be raised from 2000 RMB to...

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