The State Council will abolish export tax rebates on 406 products, effective July 15, the Ministry of Finance said.
The products include some steel and non-ferrous metal products, fertilizers, as well as certain plastic, rubber and glass products.
Mainly targeting high polluting and high energy-consuming products, the new policy is another "iron hand" measure by the government to save energy and further reduce emissions. The State Council said in May that the government would use economic, legal, technical and even administrative measures when necessary to meet the goals set for cutting emissions. |