China's Ministry of Finance Friday announced new regulations on the importation of duty-free articles that can not be made in the country for scientific research and teaching.

The regulations came into effect on Feb. 1, 2007 when the State Council, or China's cabinet, abolished the 1997 interim provisions.

Research institutes and colleges are exempted from paying import duties, value-added and consumption taxes for articles - including teaching instruments, laboratory equipments, books and newspapers - imported directly for scientific research and teaching.

The regulations aims to facilitate the import of such articles and promote the development of scientific research and education in the country, said the ministry.

Importers that use such import articles for other purposes will be deprived of the right to enjoy the duty-free preference for one to three years, according to the new regulations.

Source: Xinhua