As of December 1, 2020, titanium dioxide will no longer be a prohibited commodity for processing trade, which is a major benefit to the titanium dioxide export industry in China.
This move has not only loosened the policy on the export of titanium dioxide, but also opened the first barrier for the declaration of export tax rebates for domestic titanium dioxide products in China.
According to the Announcement No. 54 of 2020 on Adjusting the Catalog of Prohibited Products for Processing Trade issued by the Ministry of Commerce and the General Administration of Customs of China, products including titanium dioxide, soda ash, baking soda, urea, sodium nitrate, potassium sulfate, etc are excluded from the original list of prohibited products for processing trade because the products are in line with the national industrial policies, have relatively high technology and are not considered high energy consumption or highly polluting products. The products cover 199 ten-digit product codes.
In 2019, the domestic output of titanium dioxide in China was 3.18 million tons, and the export volume exceeded 1 million tons. The increasing export volume reflects the recognition of China's titanium dioxide products in the international market.
OKCHEM has proudly joined hands with below titanium dioxide factories from China to further explore the international market. We are looking for professional distributors for below factories. If you are interested in it, please contact us at email@example.com
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