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China to reduce tax rebate on exports

China to reduce tax rebate on exports

Write: Mai [2011-05-20]
China's Ministry of Finance, National Development and Reform Commission and the Ministry of Commerce may lower or cancel export tax rebates on certain items as part of efforts to cut back exports of resource-intensive products, Economics Information reported January 24.
Unnamed sources say the tax rebate cuts will mainly target polluting and energy- or resource-intensive industries, the report said.
CITATION http://www.chinaleather.org/eng/show.php?itemid=5825