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EXPORT REBATE RISES TO HELP EASE DIFFICULTIES OF CHINESE ENTERPRISES.
BEIJING, Jan 1 Asia Pulse - China's recent rises of export rebates will help enterprises ease difficult operation of enterprises, said a research report issued by Guohai Securities published on December 31.
China will increase the export tax rebates for some machinery products as of Jan. 1, 2009, in a bid to alleviate cost burdens on exporters, according to the country's taxation watchdogs. The rebate hikes will involve 553 types of high-tech and high value-added mechanical and electrical products, the Ministry of Finance (MOF) and the State Administration of Taxation announced.
Export tax rebate rates for industrial robots and inertial navigation systems for aviation use will be increased to 17 per cent, from 13 per cent and 14 per cent respectively.
The rebate rates for exported motorcycles and sewing machines will rise to 14 per cent. Their current rebate rates stand at 11 per cent and 13 per cent respectively.
According to the report, the export rebate rise measure is taken in line with the present stern situation of foreign trade and the downward turn of profits of enterprises in the first 11 months of 2008.
The measure is especially good for enterprises under financial pressure and high level of inventory.
But, the report held that the measure will not play a big role in promote transformation ...
- ANALYSIS: WHO BENEFITS FROM CHINA'S EXPORT REBATE RATE CHANGES?
- News wire article from: AsiaPulse News April 3, 2009 700+ words
...adjustments of export rebate rates China's...for about 33 per cent of its gross domestic...may enjoy a 17 per cent export rebate rate in the future...Therefore, China's export rebate accounted for 5.9 per cent of China's total...
- NO TIMETABLE FOR ADJUSTMENT OF CHINA'S EXPORT REBATE POLICY.
- News wire article from: AsiaPulse News August 31, 2006 700+ words
...expected adjustment of export rebate rate will cover...machine building. Export rebate rate on textiles will drop from 13 per cent to 11 per cent...per cent to 8 per cent, and that for...the basis of the export rebate policy, and new...
- ANALYSIS: EFFECT OF EXPORT REBATE RISE ON CHINA'S TEXTILE SECTOR.
- News wire article from: AsiaPulse News August 1, 2008 700+ words
...The two per cent point increase in export rebate for selected...18.75 per cent. However, some...although raising the export rebate may help boost...completed by two per cent. Following the...announcement of the export rebate tax increase...
- CHINA'S EXPORT REBATE ADJUSTMENT TO ADD US$3 BLN TO REBATE BILL.
- News wire article from: AsiaPulse News June 9, 2009 700+ words
...identification code. The export rebate rate for TV transmitters...increased to 17 per cent; that for canned foods...products to five per cent. In addition, the...also cancelled the export rebate rate levels of 11 per cent and 14 per cent, thus...
- Chinese Premier Zhu Rongji addresses meeting on export rebate fraud.
- Newspaper article from: South China Morning Post November 18, 2000 700+ words
...situation of cracking down on export rebate fraud. China began to adopt the export rebate policy in 1985. Since 1998...last year by 32.2 per cent, reaching 205.1bn dollars...going struggle against export rebate fraud across the nation...
- CHINA RAISES EXPORT REBATE RATE FOR SOME COMMODITIES.
- News wire article from: AsiaPulse News June 8, 2009 700+ words
...ceiling 17 per cent. The Chinese...considering raising the export rebate rates for some...dated June 3, the export rebate rate for such...increased to 17 per cent as of June 1...lifted to 15 per cent. The export rebate rate for some...
- China raises export rebate to spur growth.
- Newspaper article from: BBC Monitoring International Reports March 28, 2009 700+ words
...financial crisis. The export rebate for the textile and garment...items would be 16 per cent. A special item, CRT...increased 20.8 per cent year-on-year to 66...exports had a 17 per cent export rebate during the Asian financial...
- CHINA LIKELY TO LOWER EXPORT REBATE RATE ON TEXTILES.
- News wire article from: AsiaPulse News June 19, 2006 700+ words
...points on average. The export rebate rate for garments...accounting for 80 per cent of China's total...per cent to 11 per cent. The gross profit...industry was 10.6 per cent in 2005. Theoretically, if export rebate rate drops two percentage...
- CHINA TO LIFT EXPORT REBATE RATE ON 553 ELECTRO MACHINERY.
- News wire article from: AsiaPulse News December 31, 2008 700+ words
...steady export growth. The export rebate rate of air inertial navigation...will be up from 13 per cent and 14 per cent, respectively...11 per cent and 13 per cent to 14 per cent. A MOF official said that the export rebate rate adjustment this time...
- CHINA'S EXPORT REBATE ADJUSTMENT ON STEEL COMING TO AN END.
- News wire article from: AsiaPulse News June 20, 2007 700+ words
...representing 37 per cent of the total number...casing pipe, the export rebate on ordinary carbon...Finance, the 13 per cent export rebate rate on steel products...casing pipe, the export rebate on stainless steel...reduced from 13 per cent to five per ...
Source: HighBeam Research, EXPORT REBATE RISES TO HELP EASE DIFFICULTIES OF CHINESE ENTERPRISES.