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China hikes textile export tax rebates
2009-02-04 16:50:00
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BEIJING : In an effort to support its struggling textile industry, China on Wednesday decided to increase export tax rebates for textile and garment makers to 15 percent from 14 percent.

The move followed two increases last year the value-added tax rebate for textile and garment exports.

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Support for the textile industry is part of the Chinese government's overall campaign to support its slowing economy.


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