1. Statutory tax reduction or exemption refers to the tax reduction or exemption stipulated in the Customs Law and the Customs Regulations, such as materials donated by international organizations and foreign governments free of charge, goods and articles exempted or exempted by international treaties concluded or acceded to by People's Republic of China (PRC), raw materials for processing with supplied materials and compensation trade, etc.

2. Specific tax reduction and exemption refers to the goods imported and exported by special economic zones and other specific regions, goods imported and exported by Chinese-foreign joint ventures, Chinese-foreign cooperative ventures and wholly foreign-owned enterprises, and other import and export goods that are given preferential tariff reduction and exemption according to the provisions of the Customs Law and Customs Regulations;

Temporary relief refers to the state's decision to temporarily reduce or cancel the tariffs of a certain category and several commodities within a certain period of time according to the changes in domestic production and international market conditions.

Reply time: February 2022-11. Please refer to the latest business changes announced by Ping An Bank in official website.