China Exempts Museums From Certain Import Duties, VATs

China recently announced that public science museums, natural museums and planetariums are exempted from import duties and value-added taxes when importing certain goods, the Hong Kong Trade Development Council reported May 7. The exemptions, which last through Dec. 31, 2025, will apply to certain copies of hard drives carrying science films and “popular science equipment, exhibits, special software and other items for own use” that domestic manufacturers can’t produce.