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    The Increase Of Export Rebate Rate Will Reduce The Pressure Of Business Operation.

    2008/8/25 15:28:00 19

    Garment Export Tax Rebate Rate Industrial Upgrading

      

    Since August 1st, in order to ease the pressure of garment export enterprises and support the development of enterprises, the relevant departments of the state have increased the rate of export rebates for garments, from 11% to 13%.

    This good news has greatly increased the confidence of our garment export enterprises.

    In the first half of 08 years, the clothing export leading enterprises in our city have achieved export earnings of 940 thousand US dollars, up nearly half of that of the same period last year.

    However, due to the influence of RMB appreciation, raw material price increase and labor cost increase, the business performance of the first half of the year has not achieved synchronous growth, but is facing enormous operating pressure.

    The adjustment of export tax rebate policy is another timely rain for the factory.


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