TARIFF AND IMPORT TAXES TO BE LEVIED ON INLAND PRINTED MATTERS CONDUCTED IN HONGKONG AND MACAO

InIn accordance with the regulations as stipulated in Circularon Some Relevant Issues in Levying Tariff and ImportTaxes on Printed Matters Conducted in HongKong andMacao(Promulgated by Decree No.9 of Tariff Regulation Com-mission in 1997), the regulations regarding import duties as stipu-lated in Circular on Measures for Strict Control over Printing inHongKong and Macao, submitted by State Economic Commis-sion, State Planning Commission and Ministry of Finance andapproved by the State Council in its Decree No. 141 in 1985, shallcease to be effective as of July 1, 1997.The Customs, as of July 1, shall levy tariff and import taxesin line with the legal tax rate on inland printed matters conductedin HongKong and Macao. All former pertinent provisions shallbe null and void at the same time.