China'S Largest Textile Industry Base Will Benefit From Tax Rebate Adjustment.
The reporter learned from the largest textile industry base in Shaoxing, Zhejiang Province, that there are about 1500 textile export enterprises in the county, which will benefit from tax rebate adjustment.
According to statistics, in the 1-6 month of this year, Shaoxing county's export tax rebate increased by 2 billion 407 million US dollars, accounting for 78.5% of the total export volume in the first half, accounting for 85% of the total textile exports in the county, and 1500 of the enterprises benefited from it. According to the calculation, the tax rebate rate has been raised by 2 points, with a tax rebate of about 0.14 yuan per 1 dollars. Shaoxing County expects to export 5 billion 700 million dollars in textile products in 2008, and the tax rebate will be close to 280 million yuan in the remaining 5 months.
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