High consumption goods to be limited further

Deputy-director of commercial ministry Jiang Yueping said 11 that, it is probably to adjust tax rebate for exporting high consumption products, but the general foreign trade policy will be maintained as usual.

He gave the words in response of the reporter at a new conference for 2010 international expo on green industry and green economic high-tech, saying there will be some uncertainties in the nation’s foreign trade policy, with regard to present situation. Although keeping a stabled trade policy is still the major task, yet it will be possibly making further adjustment on tax rebate policy, especially for those industries using excessive energy and resources. However the adjustment will be based on scientific research, and on the advices provided from local producers.
From July 15 this year, 406 Tax Code abandoned involving those products of iron and steel, non-ferrous metals, etc.