Tuesday, July 29, 2008

NDRC considering hike in export tax on coke

It is reported that China’s National Development and Reform Commission held a foreign trade policy conference on July 22 to discuss import and export policies for some products. NDRC officials solicited opinions from related industry analysts and did not comment on coke export tariff rise.

A senior official from CCIA believes that export tariff on coke would rise in the second half of this year.

Mr Huang Jingan chairman of China Coking Industry Association also attended the conference. Mr Huang said earlier that China may raise export tariff on coke, in view of tight domestic supply and increasing exports.

Mr Gao Hucheng vice minister of Ministry of Commerce also iterated on July 22nd that the country should restricts exports of heavy polluting, energy intensive and resource intensive products.

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