Medical apparatus and instruments to meet tariff adjustment in the high-end equipment to meet challenges

On September 19, the Chinese government network news, the law of the People's Republic of China's accession to the world trade organization (wto) in the amendment tariff schedules have been approved under the state council, and on September 3, 2016, the 12th session of the standing committee of the National People's Congress the 22nd meeting decided to approve. As the import tariff policy into the adjustment period, dominated by overseas enterprises in the domestic high-end medical equipment market once again usher in change.

On September 19, the Chinese government network news, the law of the People's Republic of China's accession to the world trade organization (wto) in the amendment tariff schedules have been approved under the state council, and on September 3, 2016, the 12th session of the standing committee of the National People's Congress the 22nd meeting decided to approve.

Reporter noticed that, in accordance with the relevant trade policies, since September 15, 2016, the tax reduction involves part of the medical equipment including b-type ultrasonic diagnostic apparatus, ecg recorder, color ultrasonic diagnostic instrument, patient monitor, listening, pacemakers and other more than 30 species, tariff decline up to 1.5%. Most products import tariffs will be in the next three years or five years drop to zero, a small amount of tariffs on products will be zero in the next seven years.

This car tariffs involved in medical apparatus and instruments, more belong to the high-end products. In high-end medical equipment market in China, restricted by technology, is still mainly imports. Although at present the domestic and foreign enterprises still face confrontation, but medical equipment, domestic enterprises has become a breakthrough in high-end market monopoly policy and market trends.

In the tariff adjustment after the start, the Chinese and foreign enterprises in the future will be in the same starting line, domestic enterprises want to break the pattern in the high-end market will face more challenges, domestic medical equipment industry change the industry watches in the future.

A domestic brokerage, the pharmaceutical industry researcher told the reporters analysis thinks, some domestic enterprises lack of core patents, products cover is not enough, also not and imported instruments have positive competition, domestic enterprises still needs time to enter in the high-end field.

Tariffs of more than 30 kinds of medical devices

Recently issued by the state council tariff commission shall notify, since September 15, 2016, listed in schedule for the above amendment the MFN rates of 201 information technology products to implement tax reduction for the first time. These products correspond to more than 480 in our tariff duty number, including a new generation of multielement, semiconductor integrated circuit, touch screen and its production equipment, audio-visual products, medical equipment and instruments and meters, special zero accessories required for the production of information technology products and raw materials, etc.

The lower taxes is to implement the world trade organization (wto) framework for expanding the scope of the information technology agreement negotiation results. On December 16, 2015, 24 participants, including our country, in Nairobi, Kenya, jointly issued on the expansion of information technology products trade minister declaration, clear all the participants to constraints and phasing out of 201 item of the tariff.

Specifically, in addition to the current tax rate to zero products in our country, promised to remove tariffs on 27% of the products after 3 years, 5 years later remove tariffs on 24% of the products, after seven years of tariffs on 12% of the products.

Reporter noted that the lower taxes involved in medical apparatus and instruments, including b-type ultrasonic diagnostic apparatus, ecg recorder, color ultrasonic diagnostic instrument, patient monitor, audiometer, heart pacemakers, etc., including tariff biggest drop in X-ray image intensifier, up to 1.5%.

However, this time the tariffs of medical apparatus and instruments, b-type ultrasonic diagnostic apparatus, ecg recorder, color ultrasonic diagnostic instrument is still no independent production of listed companies. Reporters at the national food and drug safety administration website query domestic medical equipment to learn, "b-type ultrasonic diagnostic apparatus" Toshiba dalian co., LTD., currently only registered for the record, and the company is a foreign joint venture company; "Ecg recorder" is the only one, only Shanghai photoelectric properties of medical electronic instrument co., LTD is a foreign legal person sole proprietorship.

In addition, the lower import tariffs on part of the medical equipment types, Chinese companies have production. Color ultrasonic diagnostic instrument, for example, in the process of the tariff cut, cut from 5% to 5%; And state food drug safety administration of the equipment has four records, involving three company, chang gung medical technology co., LTD and benq sanfeng medical equipment co., LTD. Is located in Taiwan, and mainland China enterprise for dandong Oriental medical electronics co., LTD.; Cardiac pacemaker tariffs by 4% to 4%, the national food administration of drug safety records show that the two companies, respectively, shaanxi qin Ming medical instrument co., LTD., and the medtronic (Shanghai) co., LTD.

Companies both at home and abroad is still positive "encounter"

For current medical equipment market situation, "2016 China high-end medical consumables industry scale development status and trends, according to the domestic medical device manufacturers have nearly m, more than 90% for small and medium-sized enterprises, the market competitive power is relatively weak. Under such a situation as a result, in the high-end medical equipment market, foreign products in most of the market in a monopoly position, the concentration degree of the domestic medical device manufacturing enterprise need to be improved.

Medical equipment is also a policy, on the other hand, has been pushing direction and market level. Can't afford to import medical equipment price is high, the average patient with, this embarrassing situation has also been criticized for a long time. On September 18, the ministry of industry and information technology, national health and family planning commission jointly held in Beijing to promote domestic work meeting of the leading group of development and application of medical equipment, head of the ministry of again, "the domestic medical equipment and improve the technical level."

News from the meeting, according to the policy, driven by domestic medical equipment's fame and influence gradually expanded, the market share increase, part of the high-end equipment broke the import monopoly, a breakthrough in some of the key components and core technology.

In this background, the high-end medical equipment to reduce the import tariffs, this is a tough localization will face what kind of situation? "Because the two sides to this, the researchers said, the market is different, so the domestic equipment many is in to fill the import equipment market, many have not been to replace imported, therefore has not and imported instruments have positive competition." After analyzing the domestic present situation of medical apparatus and instruments, the researchers believe that tariffs on domestic the direct impact of the medical device production enterprise co., LTD.

For the influence of the medical equipment export, the researcher argues that after the import tariffs by some medical devices of core components import prices downward, so for the domestic assembly equipment export enterprises, the policy or lower part of the cost.

Audiometer also is one of the medical instrument the tariff cut, the tariffs by 4% to 3.3%. Operating domestic audiometer MaiLi sound medical officials told reporters that at present the company products and imports audiometer is a "direct competition". But, the person said, "we advocate is homebred audiometer, because now some big hospital also less in domestic, we generally still into smaller hospitals, there is no pressure."

However, with the constant development of domestic medical equipment industry background, committed to medical equipment localization of enterprise in the future will face the challenges of the imported equipment zero tariff. Tariff adjustment of global competition effect on the development of the industry is still a topic of concern.