China to raise export rebate a third time

Ministry of Finance, State Taxation Administration: Started from June 1, China is going to raise tax rebate rate of some products. This is the third time China decided to raise export tax rebate this year and the eighth time since last year. Tax rebate capital will be increased to about 25.2 billion yuan this time.

More than 2600 products are involved in the raise, including our predominance products, labor intensive products, high-tech products and deep processing products.

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