The export tax rebate of aluminum enables Chinese products to enter foreign markets at real cost price, and has thus helped fuel the remarkable growth of China’s exports. However, it has increasingly become a heavy fiscal burden for the central government.
China announced on Friday that it will change export tax rebates for a range of products, effective from Dec. 1.
The announcement, jointly issued by the Ministry of Finance and the State Taxation Administration, said that export tax rebates for aluminum, copper and chemically modified animal, plant or microbial oils and fats will be cancelled.
Meanwhile, the export tax rebate rate for some refined oil products, photovoltaic products, batteries and certain non-metallic mineral products will be reduced from 13 percent to 9 percent.
Aluminium materials from China jumps 8.5% to $2,730 after China cancels export tax rebates.
The company RuiYi / Top Metal/ RAYIWELL has always adhered to the direction of networked domestic markets and regionalized foreign markets.The company specializes in the R&D, production and sales of aluminum sheets, aluminium strips, aluminium foils and aluminum coils, with an annual output of 250,000 tons.
It can produce most alloy products of 1-8 series, especially 1 series, 3 series, 5 series and 8 series, which has reached the world’s leading level and has been favored and recognized by many customers. Products are widely used in transportation, architectural decoration, aerospace, packaging, electronic appliances and other fields.
Aluminum Sheet aluminum Plate is available in various alloys offering a range of weldability, corrosion resistance and machinability.
1000 series: 1050,1060,1070,1080,1100,1145,1200,1235, etc.
2000 series: 2014,2017,2018,2024,2025,2219, 2219,2618a etc.
3000 series: 3003,3004,3102,3104,3105,3005, etc.
4000 series: 4032,4043, 4017, etc
5000 series: 5005,5052,5454,5754,5083,5086,5182,5082, etc.
6000 series: 6061,6063,6262,6101, etc
7000 series: 7072,7075,7003 etc
8000 series: 8011, etc.
Temper of aluminum sheet: O, H, W, F, T
H: H12, H14, H16, H18, H19, H22, H24, H26, H32, H34, H111, H112, H114, H116
T: T0-T651
Post time: Dec-23-2024