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Department of Commerce: Cancel the export tax rebate of some products not affect the recovery of foreign trade

Chinese Ministry of Commerce said the cancellation of export tax rebate of some products will not affect the recovery of foreign trade growth, does not mean that the national foreign tradepolicy shift; the message or to alleviate market concerns about the overall foreign trade situation, but the policy impact of the product by the stocks and boost the role is not large, because the performance of the company were difficult to avoid drag, material steel, pesticides and other plate will continue topressure.

CommerceWeb site announcement said yesterday, this cancellation of export tax rebate of products last year accounted for only 1% of total exports that year about the abolition of short-term tax policy may impact on the market, but should not cause a substantial decline in exports.Adding that external demand policy to maintain continuity and stability, will be the focus of work throughout the year; Ministry of Commerce will be under export situation, continue to improve its export tax rebate rate structure.


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