Beijing is cutting VAT refunds for industries facing overcapacity, fierce price wars and mounting trade friction
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In Depth: China Rethinks the Tax Rebates That Drove Its Export Machine
Beijing is cutting VAT refunds for batteries, solar panels and metals, using a long-standing tax tool to rein in competition,…
A flood of new entrants chasing a still-scarce supply of spent power cells has left the industry fragmented and largely…
Beijing will restore levies on mature battery products such as lithium-ion cells while exempting sodium-ion, solid-state and…
Researchers and policy advisers say scaling back some export tax rebates could ease trade tensions and free fiscal resources to…
Starting Sept. 1, lithium-ion cells will be subject to a 2% consumption levy, marking another step toward equalizing the tax…
Beijing wants to encourage new-energy vehicle adoption, but the transition is driving demand for auto tax reform
