China May Scrap or Cut Export Tax Rebates
[2011-01-25 09:27:11]
China is drawing up plans to either scrap or reduce export tax rebates on some of the country's energy-intensive and high-polluting industries.
The Economic Information Daily says the National Development and Reform Commission, the Ministry of Finance and Ministry of Commerce are reviewing tax rebates on a list of goods in various sectors. They include rubber, non-ferrous metals, steel and construction materials. However they have not yet decided on the final tax reduction.
Source: CNTV
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