 |
 |
 |
 |
 |
 |
 |
 |
 |
|
|
. |
China export taxes cut on grain, other products
Beijing (AFP) June 22, 2009 China announced Monday it was abolishing export duties on a number of cereals and industrial products while cutting the tax on chemical fertilisers to boost exports and combat the financial crisis. The new measures, affecting corn, rice and soya, as well as wire wool, come into effect on July 1, the finance ministry said in an official statement published on its website. Since August, China has increased export tax rebates seven times, allowing exporters to recover part or all or part of the tax on the added-value, which can be as high as 17 per cent in China. The export sector, which has been a driver of Chinese growth over the last 30 years, has been hit hard by the global economic crisis, with company closures and rising unemployment a huge problem, particularly in the south. Over the first five months of the year, exports dropped by 21.8 per cent on a year earlier, totalling 426.14 billion dollars. Share This Article With Planet Earth
Related Links Farming Today - Suppliers and Technology
Warmer ocean brings fewer fish in SAfrica's sardine run: scientistDurban, South Africa (AFP) June 22, 2009 Millions of sardines have begun their annual migration down South Africa's east coast, but fewer fish are making the journey due to rising ocean temperatures, a researcher said Monday. Known as the Sardine Run, the spectacular marine migration with schools miles long attracts dolphins and birds, spawning a cottage industry for the tourists who flock to the Indian Ocean coast in KwaZulu-Natal ... read more |
. |
|
| The content herein, unless otherwise known to be public domain, are Copyright 1995-2009 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement |
del.icio.us
Digg
Reddit
YahooMyWeb
Google
Facebook