There have big news about material industry today, let me share with you, the information is a bit long
Before,in order to support our exporting, our government have exporting tax rebated returns, like our item, HS code no : 7223000, the government give it 13% tax rebate to support us, but from news,goverment will cut the 13% tax rebates from 1st,May which means, from 1st,May, all dollar calculated is basis on this rate, 1dollar =6.4RMB, which will push all dollar prices of these material in the marketing higher than before, due to the political policy
