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    China scraps tariffs on technical equipment it cannot produce itself

    CHINA will scrap import duties on a range of technical gear it finds difficult to produce itself, from April 1, announced the Ministry of Finance.

    Solar cell equipment, signalling systems for high-speed railways and manufacturing equipment for flat-panel display screens are listed as tax exempt items, according to a statement on the ministry website.

    The ministry also re-imposed import taxes on some goods, including hydraulic support equipment, with effect from April 1, Reuters reported.

    China has cut import duties on 780 products earlier this year, including consumer products, manufacturing equipment and environment-friendly products, said the report.