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 . Some commodities coach bags outlet such as steel export tax rebate cancellation on July 15

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coach-ha
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PostSubject: . Some commodities coach bags outlet such as steel export tax rebate cancellation on July 15   Wed Jun 23, 2010 7:51 pm

Apart from some foreign steel, some non-ferrous metal processing materials, silver, alcohol, corn starch, some pesticides, pharmaceuticals, chemical products, some plastics and products, rubber and products, glass and products of export tax rebates will also be canceled.

The export tax rebate policy adjustment, the market expected. State Council published a paper last week said, to continue to control the "two high and one capital" (high pollution, high energy-consuming and resource-based) low value-added steel products exports. Ministry of Commerce spokesman Yao Jian Earlier this month, has revealed that some products of export tax rebate rate will be reduced during the year. He also said that the export tax rebate policy adjustment, mainly to complete the task this year, based on energy conservation. From the list view, the abolition of export tax rebates for the product number of "two high and one owned" products.

Chinese officials plan to "Eleventh Five-Year" period (2006 -2010 years) unit GDP energy consumption by 20%. But at the end of 2009, total unit GDP energy consumption fell only 14.38%. In the first quarter, the index rise, not fall, an increase of 3.2%. In the remaining more than six months, energy-saving emission reduction commitments to be honored, the task extremely arduous.

The State Department document said that steel products export policy should be subordinated to and serve to meet the domestic demand, promote energy saving iron and steel industry, overall control, eliminate backward production capacity of the overall objective. Analysts believe that China's steel industry is the largest energy saving potential in industry. Data show that the steel industry of China's total energy consumption accounted for a five percent or more .
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