China decides to temporarily lift import tariff on all types of coal from May 1 till the end of March 2023, according to a notice issued by the Customs Tariff Commission of the State Council on April 28.
This move is part of the government efforts to strengthen energy supply guarantee and boost imports of the fossil fuel amid tightness in domestic market.
China previously levied import tariff 3% for lignite, anthracite and coking coal from most-favored nations, while that of other bituminous coal and other coal was respectively at 6% and 5%.
Australia and Indonesia have enjoyed zero tariff, while Mongolia and Russia are subject to the tariff regime.
China's coal imports have stayed so far this year, impacted by various factors, with total tonnage at 51.8 million tonnes in the first quarter, down 24.3% year on year.
(Writing by Rebecca Liu Editing by Tammy Yang)
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