China cuts inspection fees on textile exports
China is cutting customs inspection fees on textile exports this year in a move to help the sector, which is a big provider of jobs, the Ministry of Finance said on Thursday. Fees on textiles exported between Jan. 1 and Dec. 31, 2009, will be cut by 30 percent. The usual charge is 0.15 percent of the declared value…
Egytex News Desk
Source: Reuters
China's exports of garments in April were down 11.2 percent from a year earlier at $7.37 billion, while exports of cloth and woven products fell 14.4 percent to $5.12 billion, according to customs figures. China has also increased rebates of value added tax to aid textile exporters. The industry employs an estimated 19 million people.
Source: Reuters
From the Egytex news archive, first published on 14 May 2009. Figures and names are as reported at the time.
