China to raise export tax rebates on Apr 1 -Xinhua
Published: 25 Mar 2009 02:18:08 PSTBEIJING, March 25 - China will raise the tax rebate rate on exports of some textiles, iron and steel, non-ferrous metals, petrochemicals, electronic information and light industrial goods from April 1, the Xinhua news agency said on Wednesday, citing an annnouncement from the State Council.
China has increased rebates given to exporters on value-added tax several times since global demand weakened amid the economic crisis.
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