The VAT rate was changed from 20 17 to 20 19.

According to the document Notice of the Ministry of Finance of State Taxation Administration of The People's Republic of China, People's Republic of China (PRC) on Relevant Policies of Degenerate VAT Rate (Cai Shui [20 17] No.37), the structure of degenerate VAT rate will be cancelled from July 2017.

According to the Notice of the Ministry of Finance of State Taxation Administration of The People's Republic of China on Adjusting the VAT Rate (Cai Shui [20 1 8] No.32), since May, 2065438, if the original tax rate is 17% and 1 1%, the tax rates will be respectively.

According to the document announcement of the Ministry of Finance and the General Administration of Customs on deepening the reform of value-added tax (Announcement No.39 of the Ministry of Finance and the General Administration of Customs of State Taxation Administration of The People's Republic of China No.20 19), the original tax rates of 16% and 10% have been adjusted to 65438 respectively since April of 2019.