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Yiwu Export Tax Refund (Exemption) Firstly Broke 5 Billion

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Yiwu Export Tax Refund (Exemption) Firstly Broke 5 Billion

January 23,2016

At the beginning of the new year, triumphant news kept pouring in. The latest news from the Municipal Bureau of Import and Export Tax Management Bureau said that, in 2015, Yiwu export tax refund (exemption) firstly broke the 5 billion mark, becoming a powerful witness of contrarian growth of Yiwu foreign trade.

The relevant statistics show that as of January to December, 2015, the total export tax refund (exemption) reached 5.009 billion yuan, a year-on-year increase of 15.10%, among which the export tax refund was 4.087 billion yuan, a year-on-year increase of 15.78%, the free treasury adjustment of production enterprises was 922 million yuan, a year-on-year increase of 12.17%. In addition, in the handled export tax refund, the tax refund of the foreign trade enterprises was 2.847 billion yuan, a year-on-year increase of 19.35%, the tax refund of the production enterprises was 1.240 billion yuan, a year-on-year increase of 8.33%.

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