[Heavy news] 20 kinds of medical equipment such as nuclear magnetic, ultrasonic, and electrocardiogram will cancel the tariff?

[Heavy news] 20 kinds of medical equipment such as nuclear magnetic, ultrasonic, and electrocardiogram will cancel the tariff!

Today, although the domestic medical equipment market has some places in China, the main market is still in the hands of foreign-funded enterprises. How should the machinery enterprises deal with it?

On December 16, 2015, the WTO announced that it will implement tariff reductions on 20 kinds of medical equipment and equipment in 2016. Will this be a major breakthrough for China's domestic medical equipment?

ITA expands to reach a comprehensive agreement, more than 20 medical device products will cancel tariffs

[Heavy news] 20 kinds of medical equipment such as nuclear magnetic, ultrasonic, and electrocardiogram will cancel the tariff!

On December 16, the WTO reached a comprehensive agreement to expand the scope of the Information Technology Agreement (ITA) product range, including pacemakers, electrocardiographs, X-ray tomography equipment, MRI equipment, ultrasound scanning equipment, ophthalmology, More than 20 medical device equipment and components, such as surgical and dental equipment, are scheduled to implement tax reductions on July 1, 2016. Most products will eventually be cancelled after 3 to 5 years.

This move will create more favorable conditions for the export of high-end medical equipment in China. The import cost of the core components of some high-end medical equipment produced by domestic manufacturers will be further reduced, optimistic about the import substitution trend of high-end medical equipment.

Most of the medical equipment in the expanded list is medium and high-end products. The implementation of zero tariffs will create more favorable conditions for the export of high-end medical equipment in China. It is expected to make disposable medical consumables and medical dressings for medical equipment export products in China. The situation of massage equipment and low-end medical treatment devices has changed. In addition, most of the core components of high-end medical equipment such as CT and MRI produced by domestic manufacturers rely on imports, and the elimination of tariffs will reduce domestic equipment. The import cost of the manufacturer is conducive to the development of domestic medical equipment.

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