About us | Contact us  
Product Category
Corrugated Plastic Sheet
Polypropylene Protection Board
Corona Treated Plastic Sheet
Conductive Plastic Sheet
Flame Retardant Plastic Sheet
Aluminum Plastic Corrugated Panel
Anti-Static Plastic Sheet
Corrugated Plastic Box
Conductive Plastic Box
Collapsible Plastic Box
Anti-Static Plastic Box
Plastic Layer Pad

Contact Us

Ever Grace International Limited

Add: No.172,Beiyuan Road, 
Chaoyang District,Beijing,China

Post Code : 100101






China phases out some export tax rebates

author: Jone  [ 2010-07-19 ]

China phases out some export tax rebates

BEIJING --Just days after China relaxed the yuan from its peg to the U.S. dollar -- a move that could directly change the dynamics of China's international trade, Beijing ammounced June 22 that the central government is phasing out the export tax rebates for hundreds of product categories, including some plastics items.

Starting July 15, export rebate taxes will no longer apply to plastic waste and industrial scrap, including polyethylene, PVC, polystyrene, PET and other plastics.

The policy change may have minimal impact, however, since China is the world's largest importer of recycled plastics, but its exports of such materials are small.

The new policy also cancels export tax rebates for cellulose nitrate,cellulose acetate, carboxymethyl cellulose and compounds, cellulose ether and other related cellulose products.


Copyright © All rights reserved. Supported by CIFSHANGHAI.COM