Ministry of Commerce: 126 technologies will be banned and restricted imports
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The catalogue is based on the "China Prohibition of Import Restricted Import Technology Catalogue (First Batch)" promulgated in December 2001. It synthesizes the revised proposals of various ministries and commissions, various industry associations and local commerce authorities of the State Council. Technical and trade experts have been reviewed several times and confirmed by the environmental protection department and the Chinese Academy of Engineering experts.
The revised catalogue refines control points and technical specifications, is more standardized, and more operational. The listed technologies that are banned from importing and restricted importing cover agriculture, food manufacturing, textiles, chemical raw materials and chemical manufacturing. 19 industries including industry, pharmaceutical manufacturing, metal smelting and processing, equipment manufacturing, electric heating production and supply and environmental management.
The Ministry of Commerce said that restricting blind imports, guiding enterprises to introduce advanced foreign applicable technologies, and promoting the digestion and absorption of imported technologies and re-innovation are the major objectives of this catalogue. At the same time, the reference principles for restricting imported technology also include safeguarding the country's international financial status and balance of payments.
At the high-tech fair in October, officials from the Ministry of Commerce revealed that the Catalogue of Advanced Technologies and Products Encouraging Imports has been completed and will be announced soon. China will increase the import of advanced technology and equipment that is urgently needed in China by adopting policies such as import interest subsidies. Policy support for materials.
Relevant experts said that the release of the catalogue of restricted and encouraged imported products will improve China's foreign trade policy, which will not only help ease the foreign trade surplus, but also help transform the growth mode of foreign trade and promote the innovation and development of China's technology.