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China raises tax rebate rates to shore up foreign trade firms amid epidemic

2020-03-26    Author:   Source:Xinhua   Views:534    

Over 1,000 types of exports ranging from porcelain sanitary, construction accessories and auto parts to farm produce have enjoyed increased tax rebate rates starting from March 20, according to the Ministry of Finance of the People's Republic of China.

The administration lifted the export tax rebate rate for 1,084 categories of exports including porcelain sanitary wares, new plastics, knives and scissors, construction accessories and auto parts from 10 percent to 13 percent, that for another 380 items such as plant growth regulators to 9 percent, and that for agricultural products and fresh meat products from 6 percent to 9 percent.

In the list of products published in the announcement, the export rebate rate of some fasteners was adjusted to 13%. Some details can be listed as follows.

tax rebate rate, Fastener Expo Shanghai,International Fastener Show China

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