China Raise Export Tax Rebate Rate on Some Mechanical & Electrical Products

Since December 1, 2008, with the further promotion on export tax rebate rate of mechanical and electrical products, Standing Committee of State Council makes a decision again on December 24 : promoting the export tax rebate rate of mechanical and electrical products with high technical content and added value, expanding the foreign trade development fund scale of the central government properly. It is known that the export tax rebate rate of some mechanical and electronic products have increased from 9% to 11%，11% to 13% and 13% to 14%  since December 1,2008.