Export Rebates on Grain Finished

According to the State Statistics Bureau, China's consumer price index (CPI) jumped by 6.9 percent year-on-year last November, approaching the high levels seen at the end of 1996, one of the largest areas of increase was the price of grain,which rose by 6.6 percent. There is no doubt the growth in CPI can be mainly attributed to soaring food prices and the diffusion effect of oil price adjustments. Large orders for grain exports have put Chinese grain suppliers under tremendous pressure. In order to solve this problem, the Finance Ministry and State Administration of Taxation together announced that 84 categories of export tax rebates on major types of grain will be eliminated.……

Export Rebate Up-tuned to 13%

Instead of on July 1st as many forecast experts had anticipated, the new policy for export VAT’s rebate rate for textile and apparel to change from 11% to 13% went immediately into force on August 1

Trade Surplus Drops,more Rebate Cutting?

Almost everyone was surprised when the China Customs released the latest export and import statistics on April, 10th:6.87 billion US dollars,China’s favorable balance of trade in March.But only one month earlier,the trade

Reduction of Export Rebates Hurts Textile Industry

Chinese textile industry has suffered pains like safeguards and Yuan’s appreciation since last year. Now it may have to face another one: the cuts of export rebates. The State Administration of Taxation, the Finance Ministry, the Ministry of Commerce, and the Na-

RE Export Rebate Cancelled Exerting An Influence on RE Industry

On 29 April 2005, Ministry of Finance P.R.C. and State dministration of Taxation issued "Export Rebate Rate djustment of Partial Products". Export rebate of three types f rare earth products was cancelled (Table 1).

Critical peak rebate strategy and application to demand response

Time-of-use (TOU) pricing strategy is an important component of demand-side management (DSM), but the cost of supplying power during critical peak periods remains high under TOU prices. This affects power system reliability. In addition, TOU prices are usually applicable to medium- and long-term load control but cannot effectively regulate short-term loads. Therefore, this paper proposes an optimization method for TOU pricing and changes the electricity consumption patterns during the critical peak periods through a critical peak rebate (CPR). This reduces generation costs and improves power system reliability. An optimization model for peak-flat-valley (PFV) period partition is established based on fuzzy clustering and an enumeration iterative technique. A TOU pricing optimization model including grid-side and customer-side benefits is then proposed, and a simulated annealing particle swarm optimization (SAPSO) algorithm is used to solve the problem. Finally, a CPR decision model is developed to further reduce critical peak loads. The effectiveness of the proposed model and algorithm is illustrated through different case studies of the Roy Billinton Test System (RBTS).

Manufacturer Rebates in a Green Supply Chain with Hybrid Production

This paper studies two manufacturer rebate strategies in a green supply chain.The results show that:1)Irrespective of the type of rebate strategy used,channel members benefit;2)Rebates for green products improve the green level of green products;3)The more significant the slippage effects are,the more beneficial the rebate strategies are,for channel members.On this basis,the model is expanded to consider asymmetric potential market demands and asymmetric product substitution rates,respectively.The results show that the product substitution rate does not affect the strategic preference of channel members,but the potential market demand does.

Applying for Export Tax Rebates In China

As the world financial crisis has taken hold, China’s Central Government moved to increase the value-added tax (VAT) refund rates on several industries in an effort to boost production. For example, China has increased the tax rebate on textiles at least four times over the past six months,

Tax Rebate Winners and Losers

COVER STORY China, long hailed as the cheap manufacturing capital of the world, is putting financial pressure on parts of this very industry. Tax rebates favorable to textile, iron and steel industries, for example, are being cast aside and picked up by hi-tech and medical industries. While this may be a partial remedy to alleviate China’s colossal trade surplus-which irritates international neighbors-and clean up the environment, many small manufacturers are feeling the heat. Industries with high added-value are clearly winners of the new trade policies, and agriculture is too, as the government continues its efforts to boost the rural economy. But in the long run, if textile and other low-tech manufacturing can use the current rebate policy as a stimulus to add more value to their products, even they might look back and see the new trade era as more win-win than they originally thought.

Revision of the Export Tax Rebate Policy for Manganese

According to a newly released circular by the Finance Ministry and the State Administration of Taxation, the export tax rebate policy for the manganese products under the tax code No. 811100100 is eliminated as from August 1, 2005. These products mainly include un-wrought manganese, manganese scrap and manganese powder.

Earnings Increased 500 Million Yuan Thanks to the Rise of Export Tax Rebate for Aluminium and Copper Products

In mid-November,the Ministry of Finance and the State Administration of Taxation issued a tax circular Notification on Raising Export Tax Rebate Rate of the Value-added Tax for Com- modities including Labor-intensive Products, raising the export tax rebate rate by 9% and 13% respectively for refined copper tubes with a outer diameter no more than 25mm and non- alloy aluminium products including rectangular plates,sheets and strips.This is the first time China has adjusted the export tax for nonfer- rous metal products.The adjustment will have a direct positive effect on improving the busi-

Export Rebate for 11 Copper Products Are Adjusted Upward,Which May Lead to Improvement in Industry Product Structure

On December 31,2014,the Ministry of Finance and the State Administration of Taxation published the"Notice on Adjusting Some Products’Export Rebate Rate".Among products related to non ferrous metals,beginning from January 1,2015,rebate rates of11 copper products would be increased(see attached table).Wherein,5 are copper bar

New Tax Rebate Policy Favorable to Aluminum Processing Industry

China has made the decision to increase export tax rebate rate for part of the non-ferrous products from April 1, 2009, among which the export tax rebate for aluminum alloy hollow profiles and other aluminum alloy profiles goes up to 13%. The new policy is a piece of good news for aluminum

Chlor-alkali sector:seeking sounder development without the backing of export rebates

PVC(polyvinyl chloride)andcaustic soda, the most im-portant exports in the chlor-alkali sector are both greatlyaffected by the new policy.The export rebate rate forPVC is reduced from 11% to5% and the rate for causticsoda is reduced from 13% to0%.PVC in China has under-

China Increases Export Rebates for Textiles and Clothes

The Ministry of Finance and the State Taxation Administration jointly issued a notice,stating that China increases the export rebate rate from 11% to 13% for partial

Policy Change for Export Rebates Troubles Chemical Sectors

The Ministry of Finance, the NationalBureau of Taxation and the NationalDevelopment and Reform Commis-sion recently jointly issued the"Cir-cular concerning the Downward Re-adjustment of Export Rebate Ratesfor Partial Commodities,"stipulatingthat export rebate rates for 2 831 com-modities will be reduced from July1st, 2007. Chemical products are

Possibly Raising Export Rebate Rate for Viscose Fiber

A well-informed source said the export rebate rate for textiles could be increased by 2.0 per-centage points to 13% and the export rebate rate for clothes will be increased by 4.0 per-centage points to 15%.The export rebate rate for viscose fiber may also be increased from 5% today to 15%,pend-ing competent departments in late July.

CPIA Proposes to Retain Export Rebate for Dicofol and Carbofuran

China eliminates export rebate for more than 30 kinds of pesticides,effective August 1st,2008.(CCR2008 No.23)Dicofol family and carbofuran arc included in the list for the elimination of export rebate.CPIA.(China Crop Protection Industry Association) submitted a report to compe-tent departments,stating that taking into ac-count high pollution and high risk of pesti-cides production,China should retain the ex-

China Raises Export Rebates on Partial Chemicals and Textiles

China raises export rebates on some chemicals, textiles, steel products, andTV related, effective April 1 st, 2009, to offset the appreciated RMB andspur the domestic economy following the country’s stimulus packages forthe ten industries.

Taste the bitter fruit of export rebate elimination in advance

Blue Express InternationalTrade (shanghai) Co., Ltd. isone of the major hydrofluo-ric acid exporters in China.According to executivesfrom the company, the re-duced export rebate imple-mented from July 1st will nothave a great impact on