At the end of 2022, the Chinese government lowered import tariffs for several types of products including medical devices. This tariff reduction took place on January 1, 2023. Tariffs were reduced for about 14 different types of medical devices. Starting on July 1, 2023, over 35 medical devices will have no import tariffs. China wants to aid the import of many advanced medical products.
Written by: Ames Gross – President and Founder, Pacific Bridge Medical (PBM)
Mr. Gross founded PBM in 1988 and has helped hundreds of medical companies with regulatory and business development issues in Asia. He is recognized nationally and internationally as a leader in the Asian medical markets. Mr. Gross has a BA degree, Phi Beta Kappa, from the University of Pennsylvania and an MBA from Columbia University.