As of December 31st, China has approved a total of 70 foods for special medical purposes, including 2 imported products and 68 domestically produced products, setting a new record for the number of approvals. On December 20th, the Customs Tariff Commission of the State Council issued the “Announcement on the Tariff Adjustment Plan for 2024”, which took effect from January 1, 2024. The import tariff adjustment for foods for special medical purposes is set to zero, while the import tariff for infant formula milk powder is reduced to 5%, fish oil soft capsules to 6%, and other infant foods to 2%. This move is expected to increase the supply of imported products, meeting the demand of specific population groups in China. (Source: news.cn)
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