Tariff adjustment of domestic medical devices or price cuts

Next year, China will implement an annual import tariff of less than MFN tariff rate for more than 780 kinds of imported goods. The tariff for formula-made infant formula is 5%, which is significantly lower than 15% of MFN treatment, which is half of the current tax rate.

Experts said that if the ordinary milk powder that includes "milk protein partially hydrolyzed formula" can also be declared as a new tax rate, the coverage is large, and specific customs regulations and interpretations have to be released. The pace of tax reduction for pacemakers, stents, and other medical devices that are subject to tens of thousands of medical devices is expected by doctors and patients. The industry believes that the market share of imported devices will continue to expand, or the prices of domestic devices will be forced to lower prices.

According to the Ministry of Finance website, next year China will implement an annual import tariff that is lower than the MFN tariff rate for more than 780 imported goods. The tariff for formula-made infant formula is 5%, which is significantly lower than that of MFN 15%, which is the current tax rate. Half of it. The import tax rate for retail packaged foods for infants and young children is reduced from 15% to 5%, and soy sauce is reduced from 28% to 15%.

Imported medical device inventory price

It is reported that cardiac pacemakers, stents and other medical devices have also been included in the list of tariff reductions. "The proportion of hospitals used in the top three hospitals or imported equipment prevails." Associate Professor Chen Yantao, Department of Orthopedics, Sun Yat-sen Memorial Hospital, Sun Yat-sen University, told this reporter.

"The price difference between imported and domestic equipment is about 40%. In fact, the quality of the process and other aspects of the study, the gap between the two is not so big, there is indeed room for price reductions of imported goods." A surgical professor disclosed to this reporter. If the tax rate is lowered, there will be no small impact on domestic pacemakers and vascular stents. “Because of price aside, doctors and patients will still consider importing equipment first. It is believed that reducing the tariff will make the use of imported equipment in the terminal. Continue to expand, and it is very likely that domestic equipment will be forced to lower prices.” He believes this is a major positive news for doctors and patients.

It is understood that at present, the number of implanted pacemakers in China accounts for only 10% of the total number of implanted patients. However, the excessively high prices lead to patients' "unable to use" is the biggest reason for the extremely low implantation rate, as the world's population In the first country, sales of pacemakers in China were only 1/14th of global sales in 2011.

At present, the import of single-chamber pacemakers is about 25,000 yuan to install, the import of dual-chamber pacemakers is about 45,000 yuan, and each of the more advanced functions requires 60,000 to 70,000 yuan or even 100,000 to 200,000 yuan. .

"Special formula" milk powder ratio is small

The special formula milk powder for infants and children referred to this time mainly refers to milk powder partial hydrolysis formula, deep hydrolysis formula of milk protein, amino acid formula and other special infant milk powder. It is recommended that the provisional tax rate be reduced from 20% to 5%.

“Actually, these special formula milk powders are niche milk powders that are tailor-made for rare diseases such as leukemia, short bowel disease, and allergic children. The market share is very small, and it has little effect on the normal milk powder market.” The Dinger Association Wang Dingmao expert said yesterday in a telephone interview with this reporter that "choose" special formula infant formula or out of two considerations: to reduce the burden of consumption of parents of sick children; come up with some small varieties "meaning" Instead of "big move" shocked the market.

However, some industry insiders told reporters that the “partially hydrolyzed formula for milk protein” included in the special tariff reduction formula is controversial because almost all formulas for infants and young children on the market have adopted this formula, if the milk powder using this technology is used. If it is counted, then the regular formula can also enjoy a new tax rate of 5% when it applies for customs duties. “It depends on the customs rules and explanations.”

Wang Dingmian said, in fact, the terminal market is almost not feeling the change in the tariff of milk powder. "This is not the terminal price of China's milk powder market. When the foreign milk powder reaches the consumers' hands, the price has already gone up." In China, prices increase at least 15% each year."

Wang Dingmian pointed out that in fact, foreign milk powder in China is a high-priced, big-brand high-end line, the vast majority of consumers can hardly benefit from this tariff reduction.

Five categories of tax reduction products

Promoting consumption and improving people's livelihood, living and medical supplies closely related to the masses

Condiments, special formula infant formula, pacemakers, vascular stents, etc.

Equipment, components and raw materials for the development of equipment manufacturing and strategic emerging industries

Automotive production line robots, wide-format inkjet printers, organic light-emitting diode displays, inverter modules for electric vehicles, lithium-electronic batteries, and steel belts for continuously variable transmissions.

Environmental friendly products that are conducive to energy conservation and emission reduction: energy resource products such as kaolin, mica sheet, ferrotungsten, and thorium, as well as filters for ship ballast water treatment equipment and capsules for EMUs.

Agricultural support agricultural products: Aster, milk lining, self-propelled feedstuffs, etc.

Support the development of the textile industry products: down, linen staple fiber, automatic rotor spinning machines.