MFN Rate Cut Will Accelerate Ceramics Imports in China
According to the decision from the 26th executive meeting of China State Council, the most-favored-nation tax rates (MFN Rate) of some products be reduced since November 1, 2018, with the aim to adapt to industrial upgrade, lower enterprise cost and meet the multi-level consumer demands. Related products include ceramic, stone, glass, part of steel, wood, paper products, etc. Thereinto, the MFN Rate of ceramic tiles has been reduced from 17% to 7%. Insiders of ceramics industry believe the tax rate cut will accelerate the development of import ceramics in China.
As the most large-scale and influential ceramic and bathroom expo in China, the biannual China International Ceramic & Bathroom Fair, Foshan (CeramBath) serves as an interactive communication platform between buyers and suppliers from home and abroad, promoting significant strides in material procurement and business cooperation.
Opened on October 18th-21st, the 32nd CeramBath gathered oversea exhibitors from Italy, America, Germany, Spain, Japan, Mexico, Malaysia, Indonesia and Korea, etc, with numbers higher than any previous sessions. According to the data, the 32nd CeramBath has attracted 186152 person-times of visitors, up 1.6% from the last session, with 9.8% oversea buyers.
Here, it is the best place for those who are interested in Chinese ceramic and bathroom market to develop their brands!
Full name: The 33rd China International Ceramic & Bathroom Fair, Foshan (CeramBath)
Date: April 18-21, 2019
Exhibitors: Around 750
Exhibits: Ceramic Tile, Sanitary Ware, Baths, Mosaic
Exhibition Area: 400,000㎡
Location: Foshan, Guangdong Province ( China Ceramics City, China Ceramics Industry Headquarters and Foshan International Conference & Exhibition Center)
Guide: People’s Government of Foshan City
Hosts: China Building Ceramics & Sanitaryware Association, China Ceramics Industrial Association
Organizer: Foshan China Ceramics City Group Co., Ltd.
Supports: China Building Materials Circulation Association, Bureau of Commerce of Foshan City
1. China Ceramics City (CCC Venue) - International Brands Hall
With permanent booths (53,000m2) and temporary booths (4,500 m2), CCC Venue exhibits top brands and up-to-date products at home and abroad, allowing global manufacturers of the sector to explore their trading and distributing markets.
2. China Ceramics Industry Headquarters (CCIH Venue)- Projects’ Products Hall
Including permanent booths (330,000m2) and temporary booths (5,500 m2), CCIH Venue gathers individual showrooms and Projects' Products Hall (temporary booths), which consists of big brands and displays the project products in all shapes and sizes.
3. Foshan International Conference & Exhibition Center (Huaxia Venue)- Emerging Brands Hall
With an area of 12,000 m2, Huaxia Venue consists of over 200 exhibitors mainly from Foshan, Fujian and Shandong, exhibiting ceramic wall and floor tile, mosaic & background wall tile, ceramic machinery and raw materials.