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China to step up export tax rebates to stabilise foreign trade
Published on: 2022-04-24
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China will step up export tax rebates to stabilise foreign trade, the State Taxation Administration said in a notice on Friday.

The circular outlines measures to improve export tax rebate policies and streamline procedures for applications.

Efforts will be made to strengthen the linkage of export credit insurance and export tax rebate policies, and improve rebate policies for processing trade firms, according to the circular.

The country will step up efforts to enhance data sharing and smooth the connections among customs, tax and other departments to further streamline export tax rebate procedures, it said.

Efforts will also be made to support cross-border e-commerce firms by encouraging qualified enterprises to actively claim export tax rebates, it said.



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