Export Rebate Rates of 3486 Commodities to Rise - China more than doubles ship exports in 1st 7 months
- China's Total Trade Volume in Imports and Exports Accounted for 7.7% and Ranked the Third of the World
- China and Singapore signed a Free Trade Agreement
- New Foreign-Invested Enterprises or Foreign-Invested Enterprises with Increase of Capital Approved by the MOFCOM
- The situation of attacting foreign direct investment of China from January to July of 2008
- China-NZ free trade agreement bill passed in parliament
- Foreign Capita Intensively Invested in Shanghai Modern Service
- China's coal exports surge in June
- Foreign Headquarter Economic Organizations Settled in Shanghai Had Reached 612 by the End of March
- Australia锛欳hina becomes largest trading partner of Australia
- World Bank Believes China Now the 2nd Largest Economy
- Some 200 German Enterprises Settled in China Every Year(2008-02-13)
- Fourth China-ASEAN Expo opens in Nanning(2007-10-28)
- Foreign investment in China up 12.8% in Jan.-Aug. (2007-9-14)
- Top 500 Enterprises 2007 take up 84% of GDP (2007-09-05)
- City absorbs more overseas investment (2007-08-23)
Export Rebate Rates of 3486 Commodities to Rise
Export rebate rates of part of labor-intensive, state-of-the-art and high added-valued commodities has been adopted by the State Council and decided by the Ministry of Finance and State Taxation Administration, as of 1 November 2008, to properly rise.
The adjustment of export rebate rates is involved in a total of 3486 commodities, about accounting for 25.8% of the overall commodities of the customs tariff. What specifically prescribed are: to raise the export rebate rate of part of fabrics, clothing and toys to 14%; to lift the export rebate rate of daily and art potteries to 11%; to raise the export rebate rate of part of plastic products to 9%; to raise the export rebate rates of furniture to 11% and 13% respectively; to lift the export rebate rates of such commodities as AIDS drugs, gene recombinant human insulin powder, yellow collagen, toughened safety glass, tantalum wire for capacitor, marine anchor chain, sewing machine, fans and carbide cutter tool for numerical control machine to 9%, 11%, and 13% respectively.