Before July national export tax rebate rate is not reduced

In the cancellation of part of the steel products "two gaoyizi" products for export tax rebates, some of the exit, enterprises get single led the first seven months of national export tax rebate rate. This is the State yesterday.

— July 1, national practical for export tax refund (not including miandi transferring) 2953.36 billion yuan, an increase of 28.2%. 7 month practical for export tax rebates 489.34 billion yuan, an increase of 46.4%. Subject to the export tax rebate policy adjustment, the nation's steel exports after 4 months, after the ring growth appear ring than in July.

Since 15 July this year, our cancellation of part of the steel products "two gaoyizi" products for export tax rebates, steel exports fell accordingly. From customs statistics, steel exports in March-June, after the ring than growth in July, a ring, but the year-over-year decline than the increase of still larger. In June, national steel exports 562 million tons, from September 2008 for the first time since the 500 million tonnes, compared with January exports nearly double 289 million tonnes, compared with the growth of 293%. January-June, national steel exports 2358 million tons, an increase of 152.3%. In July, the national steel exports 455 million tons, compared to June, reduce 107 million tons, compared to the same period last year 151.38%. 1 month-July, national steel exports 2813 million tons, an increase of 152.1%.

According to analysis, the iron and steel product rebate policy adjustment expected impact June steel exports soared, the refund policy for early release. Since 15 July our cancel part of the steel products "two gaoyizi" products for export tax rebates and business tax rate or expected to be further reduced, involves a greater range of products, export orders, this becomes the snatching July export growth faster.