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  • China to Lower Export Rebate Rates in Accordance With VAT Cut

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    Chinese Premier Li Keqiang released a government work report as part of the ''two sessions meeting'' on 5 March 2019 in which it announces that the current 16% and 10% VAT rates applicable to the supply of certain goods and services would be reduced to 13% and 9% respectively.

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  • China Increases the Export Value

    Circular 43 sets out the type of commodities such as textile products, certain electronic products and other commodities, which can enjoy a higher export VAT refund rates since 1 April 2009.

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