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China may boost export tax rebates
Published on: 2008-12-25
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China is likely to increase export tax rebates next year on certain goods as it aims for steady export growth, Thomson Financial News reported on Wednesday. The government is expected to continue raising export tax rebates for labor-intensive goods, as well as high-technology and high value-added goods, while increasing its fiscal support for the development of foreign trade, according to the report. It may also loosen restrictions on products in processing industries, including the possible removal of restrictions on certain labor-intensive products.
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