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China exports fasteners to Europe by increasing export tax refund-The 20th China (Guangzhou)Int’l Fastener & Equipment Exhibition
11/1/2018 紧固件展-紧固件采购会-国际紧固件展-fastener expo |
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According to the report, the Chinese Ministry of Finance decided to increase the rate of export tax refund since November 1st and the list of export tax refund including fasteners.
Some market participants said that the policy would let Chinese fastener exporters transfer their to market to Europe, causing a decline in Taiwanese fastener sales volume.
At present, it was the second time for Chinese Ministry of Finance to adjust the rate of export tax refund since September. The refund rate of fasteners was increased by 9% to 10%, including self-tapping screws, wood screws, nuts, etc.
紧固件展-2019第二十届广州国际紧固件及设备展览会-巨浪展览
-The 20th China (Guangzhou)Int’l
Fastener & Equipment Exhibition
- Fastener exhibition,2019 Fastener
exhibition, China Fastener exhibition, Guangzhou Fastener exhibition, 2019
Fastener expo, China Fastener expo, Guangzhou Fastener expo
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