皇冠体育app

Economy

Markets

Industries

Insights

Reports

Events

Tax rebate hike for textile, garment exports effective from Feb 1

(Xinhua)
Updated: 2009-02-05 16:12

皇冠体育app's policy to increase the tax rebate rate for textile and garment exports from 14 percent to 15 percent becomes effective from Feb 1, said the Ministry of Finance in Beijing on Thursday.

An executive meeting of the State Council, 皇冠体育app's Cabinet, announced the policy change on Wednesday, saying the move would reduce exporters' costs and support the textile industry.