Recently, the Ministry of Finance and the State Taxation Administration issued an important announcement, adjusting the policies for many products including aluminum and copper products.Export DrawbackThe new policy takes effect on December 1, 2024. For many enterprises involved in related commodities, it undoubtedly requires readjusting strategies to cope with the new situation. Today, we will analyze this announcement in detail to helpimport and exportFor enterprises, it undoubtedly needs to readjust its strategy to cope with the new situation. Today, we will analyze this announcement in detail to helpforeign tradeEnterprises can better understand these policy changes and their potential impacts.

I. Overview of Policy Adjustments

According to the announcement, this adjustment mainly involves the following points:

1. Cancel the export tax rebates for some products
   The export tax rebate policies for products such as aluminum materials, copper materials, and chemically modified animal and vegetable oils have been cancelled. This means that enterprises exporting these products will lose the opportunity to get a refund of the paid value - added tax, which may increase the export costs. The specific commodity codes and names can be found in Annex 1.
2. Reduce the export tax rebate rates for some products
   Refined oil products,photovoltaicproducts, batteries, and some non - metallic mineral products, the export tax rebate rate has been reduced from the original 13% to 9%. This policy reduction mainly affects export enterprises that have been accustomed to using a higher tax rebate rate to control costs.
3. Implementation Time
   The new regulations will come into effect on December 1, 2024. Enterprises need to pay special attention to the export date on the customs declaration form to determine the applicable export tax rebate rate.

II. Analysis of the Product List with Export Tax Rebates Cancelled

The types of products with export tax rebates cancelled this time are quite extensive, including a large number of copper alloy and aluminum alloy products. The following are some important product categories:

• Copper Products: Including bars, rods, profiles, and sheets of materials such as copper - zinc alloy and copper - nickel alloy. After the cancellation of the export tax rebate, enterprises will face higher export costs, which may affect their competitiveness in the international market.
• Aluminum products: A variety of aluminum alloy profiles, sheets, and pipes are also included in the list of products with export tax rebates cancelled. Especially for some aluminum products mainly applied in the construction, transportation, and electronics industries, the cancellation of the tax rebate may force exporters to re - evaluate the product pricing.
• Chemically Modified Animal and Vegetable Oils: Such oils are widely used in the food processing and chemical industries. The cancellation of their export tax rebates means that the export of these products will also face a greater tax burden.

III. Impact of the Reduction in Export Tax Rebate Rates for Some Products

For the reduction in the export tax rebate rates of refined oil products, photovoltaic products, and some mineral products, although the change range from 13% to 9% is not huge, for some enterprises, its impact cannot be ignored. For example:

• Photovoltaic Products: The photovoltaic industry has always been a key - supported area by the country. The reduction in the tax rebate rate may affect the profit margins of domestic enterprises in the short term, and thus have a certain impact on their global competitiveness.New energyRefined Oil Products
• : The reduction in the export tax rebate rates for products including vehicle gasoline, diesel, and aviation kerosene may lead to a decline in the price competitiveness of relevant export enterprises in the international market, especially in the face of the uncertainty of international oil price fluctuations.Facing the above - mentioned changes in the export tax rebate policy, enterprises should take measures as soon as possible to cope with the possible impacts:

IV. Countermeasures and Suggestions for Enterprises

Adjust the Product Pricing Strategy

1. The cancellation of tax rebates or the reduction in tax rebate rates will directly increase the costs of export products. Enterprises can consider appropriately raising the export prices to make up for the increase in tax burden. At the same time, they can also consider optimizing the production process and reducing other operating costs to ease the pressure brought by the tax rate adjustment. Diversify the Market Layout
2. Enterprises should consider exploring more international markets to diversify the risks that may be brought about by policy changes. Especially for enterprises exporting photovoltaic products and refined oil products, exploring non - traditional markets may be an important way to avoid the impact of policies. Actively Utilize Other Preferential Policies
3. While the export tax rebate policy is tightened, enterprises can pay attention to and utilize other tax incentives or subsidy policies provided by the government. For example, some local governments provide certain tax support for high - tech products or environmentally friendly products. Enterprises should actively apply for these preferential policies to reduce the comprehensive costs. Closely Monitor Policy Dynamics
4. This adjustment reflects the changes in the countrys export - oriented policies for some industries. Enterprises should closely monitor other relevant policies that may be introduced in the future, especially the dynamics of tariffs, trade protection measures, etc., so as to respond quickly and ensure compliant operation. Commodity Code

Original Announcement:https://fgk.chinatax.gov.cn/zcfgk/c102416/c5235887/content.html

Commodity Name	Product Name
15180000	Bars, rods, profiles and shaped profiles of chromium - zirconium copper
74071010	Bars and rods of copper - zinc alloy (brass) (straightness ≤ 0.5mm/meter)
74072111	Other bars and rods of copper - zinc alloy (brass) (straightness > 0.5mm/meter)
74072119	Profiles and shaped profiles of copper - zinc alloy (brass)
74072190	Other bars, rods, profiles and shaped profiles of copper alloys (including bars, rods, profiles and shaped profiles of cupronickel or German silver)
74072900	Refined copper wire with maximum cross - sectional dimension > 6mm
74081100	Refined copper wire with cross - sectional dimension ≤ 6mm
74081900	Wire of copper - zinc alloy (brass)
74082100	Wire of copper - nickel - zinc - lead alloy (leaded German silver)
74082210	Wire of other copper alloys
74082900	Refined copper plates, sheets and strips in coils (thickness > 0.15mm, with oxygen content not exceeding 10PPM)
74091110	Refined copper plates, sheets and strips in coils (thickness > 0.15mm, oxygen content not exceeding 10PPM)
74091190	Other refined copper plates, sheets and strips in coils (thickness > 0.15mm)
74091900	Other refined copper plates, sheets and strips (thickness > 0.15mm)
74092100	Copper-zinc alloy (brass) plates, sheets and strips in coils (thickness > 0.15mm)
74092900	Other copper-zinc alloy (brass) plates, sheets and strips (thickness > 0.15mm)
74093100	Copper-tin alloy (bronze) plates, sheets and strips in coils (thickness > 0.15mm)
74093900	Other copper-tin alloy plates, sheets and strips (thickness > 0.15mm)
74094000	Plates, sheets and strips made of cupronickel or German silver (thickness > 0.15mm)
74099000	Other copper alloy plates, sheets and strips (thickness > 0.15mm)
74101100	Refined copper foil without backing (thickness ≤ 0.15mm)
74101210	Copper-nickel alloy foil or copper-nickel-zinc alloy foil without backing (thickness ≤ 0.15mm)
74101290	Other copper alloy foil without backing (thickness ≤ 0.15mm)
74102110	Refined copper printed circuit copper-clad laminates with backing (thickness (excluding backing) ≤ 0.15mm)
74102190	Other refined copper foil with backing (thickness (excluding backing) ≤ 0.15mm)
74102210	Copper-nickel alloy foil or copper-nickel-zinc alloy foil with backing (thickness (excluding backing) ≤ 0.15mm)
74102290	Other copper alloy foil with backing (thickness (excluding backing) ≤ 0.15mm)
74111011	Refined copper tubes with internal (external) threads or fins with outer diameter ≤ 25mm
74111019	Other refined copper tubes with outer diameter less than or equal to 25mm
74111020	Refined copper tubes with outer diameter > 70mm
74111090	Other refined copper tubes
74112110	Copper-zinc alloy (brass) tubes in coils
74112190	Other copper-zinc alloy (brass) tubes
74112200	Cupronickel or German silver tubes
74112900	Other copper alloy tubes
76042100	Hollow profiled sections made of aluminum alloy
7604291010	Cylindrical solid aluminum alloy (ultimate tensile strength can reach 460 MPa or more at 293K (20 °C))
76042990	Other aluminum alloy profiles and profiled sections
76061121	Non-alloy aluminum rectangular plates, sheets and strips of aluminum-plastic composite (0.3mm ≤ thickness ≤ 0.36mm)
76061129	Other non-alloy aluminum rectangular plates, sheets and strips (0.3mm ≤ thickness ≤ 0.36mm)
76061191	Aluminum-plastic composite rectangular plates, sheets and strips of non-alloy aluminum with thickness >0.2mm but 0.36mm (including square)
76061199	Other plates, sheets and strips of non-alloy aluminum with thickness >0.2mm but 0.36mm (including square)
76061220	Aluminum alloy rectangular thin plates, sheets and strips (including squares) (thin plates refer to 0.2mm < thickness < 0.28mm)
76061230	Aluminum alloy rectangular medium and thick plates, sheets and strips (including squares) (medium and thick plates refer to 0.28mm ≤ thickness ≤ 0.35mm)
76061251	Aluminum-plastic composite rectangular thick plates, sheets and strips of aluminum alloy with thickness >0.35mm but ≤4mm (including square)
76061259	Other aluminum alloy rectangular thick plates, sheets and strips (including squares) with 0.35mm < thickness ≤ 4mm
76061290	Aluminum alloy rectangular thick plates, sheets and strips (including squares) with thickness > 4mm
76069100	Non-alloy aluminum non-rectangular plates, sheets and strips (thickness > 0.2mm)
76069200	Aluminum alloy non-rectangular plates, sheets and strips (thickness > 0.2mm)
76071110	Unbacked aluminum foil not further processed after rolling (thickness ≤ 0.007mm)
76071120	Unbacked aluminum foil not further processed after rolling (0.007mm < thickness ≤ 0.01mm)
76071190	Unbacked aluminum foil not further processed after rolling (0.01mm < thickness ≤ 0.2mm)
76071900	Other unbacked aluminum foil (thickness ≤ 0.2mm)
76072000	Backed aluminum foil (thickness ≤ 0.2mm)
76081000	Pure aluminum tubes
76082010	Aluminum alloy tubes with outer diameter not exceeding 10 cm
76082091	Aluminum alloy tubes with outer diameter exceeding 10 cm and wall thickness not exceeding 25 mm
76082099	Other aluminum alloy tubes
76090000	Aluminum tube fittings

Commodity Name	Product Name
25041091	Spheroidized graphite (products obtained by spheroidizing and grading natural graphite, with diameter less than 120 microns)
27101210	Motor gasoline and aviation gasoline
27101911	Jet fuel
27101923	Diesel oil
38180019	Monocrystalline silicon wafers with diameter > 15.24cm (doped for use in the electronics industry)
68022120	Travertine and products simply cut or sawn (with one flat surface)
68029110	Stone carvings made of marble, travertine and steatite
68029190	Other processed marble, steatite and articles thereof (including processed travertine and articles thereof)
68029210	Other stone carvings made of limestone
68029290	Other processed limestone and articles thereof
68029311	Stone carvings and tombstone made of granite
68029319	Other stone carvings made of granite
68029390	Other processed granite and articles thereof
68029910	Other stone carvings (excluding those made of slate)
68029990	Other processed stones and articles thereof (excluding slate and articles thereof)
68030010	Processed slate and slate articles
68030090	Agglomerated slate articles
68041000	Stone mills and grindstones for grinding or pulping
68042110	Grinding wheels made of agglomerated synthetic or natural diamond
68042190	Other stone mills, grindstones and similar articles made of agglomerated synthetic or natural diamond
68042210	Other grinding wheels (made of other agglomerated abrasive or ceramic)
68042290	Other stone mills, grindstones and similar articles (made of other agglomerated abrasive or ceramic)
68042310	Grinding wheels made of natural stone
68042390	Other stone mills, grindstones, etc. made of natural stone (including similar articles)
68043010	Hand - held oilstones for polishing
68043090	Other hand - held grindstones and polishing stones
68051000	Abrasive cloth (whether or not cut, sewn or otherwise worked into shape)
68052000	Abrasive paper (whether or not cut, sewn or otherwise worked into shape)
68053000	Abrasive paper - like articles not based on cloth or paper
68061010	Aluminosilicate fibres and articles thereof
68061090	Other slag wool, rock wool and similar mineral wools, in blocks, sheets or rolls
68080000	Panels, plates, tiles, bricks and similar articles (made by bonding vegetable fibres, straw, shavings, etc. with cement and other minerals as materials)
68091100	Unfinished gypsum boards, sheets, bricks, tiles and similar articles (lined or reinforced with paper or cardboard)
68091900	Unfinished gypsum boards (including sheets, bricks, tiles and similar articles) lined or reinforced with other materials
68099000	Other gypsum articles (including articles made of composite materials with gypsum as the main component)
68101100	Building bricks and stone blocks made of cement (whether or not reinforced)
68101910	Bricks, tiles, flat stones (including similar articles) made of artificial stone (whether or not reinforced)
68101990	Other bricks, tiles, flat stones (including similar articles) made of cement or concrete (whether or not reinforced)
68109110	Reinforced concrete and prestressed concrete pipes, etc. (whether or not reinforced)
68109190	Precast components for construction or civil engineering made of cement (whether or not reinforced)
68109910	Cement sleepers for railways
68109990	Other articles made of cement, concrete or artificial stone
68114010	Corrugated sheets containing asbestos
68114020	Sheets, plates, bricks, tiles and similar articles containing asbestos
68114030	Pipes and pipe fittings containing asbestos
68114090	Other articles containing asbestos
68118100	Corrugated sheets not containing asbestos
68118200	Sheets, plates, bricks, tiles and similar articles not containing asbestos
68118910	Pipes and pipe fittings not containing asbestos
68118990	Other articles not containing asbestos
68128000	Crocidolite or crocidolite mixtures and articles thereof
68129100	Other clothing (including clothing accessories, hats, shoes and boots) made of asbestos or asbestos mixtures
68129910	Other paper, hemp - fibre boards and felts made of asbestos or asbestos mixtures
68129920	Compressed asbestos - fibre jointing materials in sheets or rolls (excluding crocidolite articles)
68129990	Other articles made of asbestos or asbestos mixtures
68132010	Brake linings and pads containing asbestos (made of friction materials with asbestos as the basic component)
68132090	Friction materials containing asbestos and other articles for braking and other uses (composed mainly of asbestos as raw material)
68138100	Other brake linings and pads (made of friction materials with other minerals or cellulose as the basic component)
68138900	Other friction materials and articles for braking and other uses (composed mainly of other minerals or cellulose as raw material)
68141000	Plates, sheets and strips made of agglomerated or reproduced mica (whether or not attached to other materials)
68149000	Other processed mica and its articles (including agglomerated or reproduced mica and other articles)
68151200	Carbon fiber fabrics
68151310	Carbon fiber prepregs (products)
68151390	Other carbon fiber products
69039000	Other refractory ceramic articles
69041000	Ceramic building bricks
69049000	Ceramic floor tiles, supporting or filling bricks (including similar articles)
69051000	Ceramic roof tiles
69059000	Other ceramic building articles (including chimney cowls, ventilating caps, chimney linings, architectural ornaments)
69060000	Ceramic sleeves, conduits, troughs and pipe fittings
69072110	Facing bricks and floor tiles with a size less than 7 cm (water absorption not exceeding 0.5%)
69072190	Other facing bricks and floor tiles (water absorption not exceeding 0.5%)
69072210	Facing bricks and floor tiles with a size less than 7 cm (water absorption exceeding 0.5% but not exceeding 10%)
69072290	Other facing bricks and floor tiles (water absorption exceeding 0.5% but not exceeding 10%)
69072310	Facing bricks and floor tiles with a size less than 7 cm (water absorption exceeding 10%)
69072390	Other facing bricks and floor tiles (water absorption exceeding 10%)
69073010	Mosaic tiles with a size less than 7 cm and similar articles
69073090	Other mosaic tiles and similar articles
69074010	Facing ceramics with a size less than 7 cm
69074090	Other facing ceramics
69091100	Porcelain for laboratories, chemical or other technical uses
69091200	Technical ceramics with Mohs hardness ≥ 9
69091900	Other porcelain for laboratories and chemical uses (including other technical uses)
69099000	Ceramic containers for agricultural, transportation or cargo loading purposes
69101000	Porcelain washbasins, bathtubs and similar sanitary appliances
69109000	Earthenware washbasins, bathtubs and similar sanitary appliances
69111011	Bone china tableware
69111019	Other porcelain tableware
69111021	Porcelain kitchen knives
69111029	Other porcelain kitchen utensils
69119000	Other porcelain for household or toilet use
69120010	Earthenware tableware
69120090	Earthenware kitchen utensils (including those for household or toilet use)
69131000	Porcelain statues and other decorative porcelain articles
69139000	Earthenware statues and other decorative earthenware articles
69141000	Other porcelain articles
69149000	Other earthenware articles
70010010	Blocks of colorless optical glass
70010090	Other broken glass and waste glass; glass blocks
70023200	Other unworked glass tubes (made of glass with a coefficient of linear expansion less than 5×10^-6/K)
70023900	Unworked glass tubes not elsewhere specified
7003190001	Original plate glass for liquid crystal or OLED display substrates (cast or rolled non-wired glass plates and sheets)
7005290002	Original plate glass for liquid crystal or OLED display substrates (non-wired float glass plates and sheets)
70060000	Glass of headings 7003 - 7005 processed otherwise (not framed or assembled)
70071110	Toughened safety glass for aerospace vehicles and ships
70071190	Toughened safety glass for vehicles
70071900	Other tempered safety glass
70072110	Laminated safety glass for aircraft, spacecraft and ships
70072190	Laminated safety glass for vehicles
70072900	Other laminated safety glass
70080010	Insulating and sound - proof glass components with hollow or vacuum structure
70080090	Other multi - layer insulating and sound - proof glass components
70091000	Vehicle rear - view mirrors (whether or not framed)
70099100	Unframed glass mirrors (including rear - view mirrors)
70099200	Other framed glass mirrors (including rear - view mirrors)
70101000	Glass ampoules
70102000	Glass stoppers, lids and similar closures
70109010	Large glass containers for shipping or preserving goods (over 1 liter)
70109020	Medium - sized glass containers for shipping or preserving goods (0.33 - 1 liter)
70109030	Small glass containers for shipping or preserving goods (0.15 - 0.33 liter)
70109090	Extra - small glass containers for shipping or preserving goods (not exceeding 0.15 liter)
70112010	Picture tube envelopes and their parts (not fitted with accessories)
70112090	Other un - sealed envelopes for cathode - ray tubes (not fitted with accessories)
70119010	Un - sealed glass envelopes and glass parts for electron tubes (not fitted with accessories)
70131000	Glassware made of glass - ceramic (for use on dining tables, in kitchens, offices and for interior decoration, etc.)
70132200	Lead - crystal glass goblets (except those made of glass - ceramic)
70132800	Other glass goblets (except those made of glass - ceramic)
70133300	Other lead - crystal glass cups (except those made of glass - ceramic)
70133700	Other glass cups (except those made of glass - ceramic)
70134100	Lead - crystal glass tableware and kitchenware (excluding cups)
70134200	Tableware and kitchenware made of low - expansion - coefficient glass (expansion coefficient < 5×10^-6 / Kelvin at 0 - 300℃)
70134900	Other glass tableware and kitchenware (excluding cups)
70139100	Other lead - crystal glassware
70139900	Other glassware
70140010	Blanks of optical elements for optical instruments (un - optically worked)
70140090	Other un - optically worked signal glassware (except articles of heading 7015)
70151010	Blanks of photochromic lenses for corrective glasses (un - optically worked)
70151090	Other blanks of lenses for corrective glasses (un - optically worked)
70159020	Blanks of plain photochromic lenses (un - optically worked)
70161000	Glass mosaic for inlaying or decorating (whether or not backed)
70169010	Leaded - light glass and similar articles
70169090	Pressed or molded glass blocks and bricks for building (whether or not wired)
70171000	Laboratory, hygienic and pharmaceutical glassware (made of fused quartz or fused silica)
70172000	Other glassware for laboratory, etc. made of glass (linear expansion coefficient ≤ 5×10^-6 / Kelvin)
70179000	Other laboratory, hygienic and pharmaceutical glassware
70181000	Glass beads, imitation pearls and similar small glass articles (except imitation precious stones and imitation jewelry)
70182000	Glass beads with a diameter ≤ 1mm
70189000	Glass statues, glass ornaments and glass eyes made by lamp - working (except imitation jewelry)
70191100	Chopped glass fibers with a length ≤ 50mm
70191200	Glass - fiber rovings
70191300	Other yarns, staple - fiber yarn strips
70191400	Mechanically - bonded mats made of glass fibers
70191500	Chemically - bonded mats made of glass fibers
70191900	Other glass fibers, slivers, rovings, yarns and chopped fibers
70196100	Tightly - woven roving fabrics (mechanically - bonded)
70196200	Other tightly - woven roving fabrics (mechanically - bonded)
70196310	Tightly-woven plain-woven fabrics of glass fibre yarn, width ≤ 30cm (not coated or laminated)
70196320	Plain-woven fabrics of glass fibre filaments, width > 30cm (weight per square metre ≤ 110g, single yarn fineness ≤ 22 tex)
70196390	Other tightly-woven plain-woven fabrics of glass fibre yarn (not coated or laminated)
70196410	Tightly-woven plain-woven fabrics of glass fibre yarn, width ≤ 30cm (coated or laminated)
70196490	Other tightly-woven plain-woven fabrics of glass fibre yarn (coated or laminated)
70196510	Mesh-woven fabrics of glass fibre rovings, width ≤ 30cm (mechanically bonded)
70196590	Other mesh-woven fabrics of glass fibre, width ≤ 30cm (mechanically bonded)
70196610	Mesh-woven fabrics of glass fibre rovings, width > 30cm (mechanically bonded)
70196690	Other mesh-woven fabrics of glass fibre yarn (mechanically bonded)
70196910	Other mats of glass fibre (mechanically bonded)
70196920	Other nets, sheets and similar non-woven products of glass fibre (mechanically bonded)
70196930	Other woven fabrics of glass fibre, width ≤ 30cm (mechanically bonded)
70196990	Other woven fabrics of glass fibre (mechanically bonded)
70197100	Covering mats (thin mats) of glass fibre (chemically bonded)
70197210	Tightly-packed glass fibre mats (chemically bonded)
70197290	Other tightly-woven fabrics of glass fibre (chemically bonded)
70197310	Mesh glass fibre mats (chemically bonded)
70197390	Other mesh fabrics of glass fibre (chemically bonded)
70198010	Mats of glass wool
70198020	Nets, sheets and similar non-woven products of glass wool
70198090	Glass wool and other glass wool products
70199021	Impregnated products of glass fibre fabric (weight per square metre < 450g)
70199029	Other impregnated products of glass fibre fabric (weight per square metre ≥ 450g)
70199091	Other mats of glass fibre
70199092	Other nets, sheets and similar non-woven products of glass fibre
70199099	Other glass fibre and its products
70200011	Conductive glass
70200013	Made of fused quartz or other fused silica
70200091	Glass liners for thermos flasks or other thermal insulation containers
8506101110	Button-type mercury-free alkaline zinc-manganese primary cells and primary battery packs (mercury content < 0.0005% of battery weight)
8506101210	Cylindrical mercury-free alkaline zinc-manganese primary cells and primary battery packs (mercury content < 0.0001% of battery weight)
8506101910	Other mercury-free alkaline zinc-manganese primary cells and primary battery packs (mercury content < 0.0001% of battery weight)
8506101990	Other alkaline zinc-manganese primary cells and primary battery packs containing mercury (mercury content ≥ 0.0001% of battery weight)
8506109010	Other mercury-free manganese dioxide primary cells and primary battery packs (mercury content < 0.0001% of battery weight)
8506109090	Other manganese dioxide primary cells and primary battery packs containing mercury (mercury content ≥ 0.0001% of battery weight)
8506400010	Silver oxide primary cells and primary battery packs (mercury-free) (mercury content < 0.0001% of battery weight)
8506400090	Silver oxide primary cells and primary battery packs (mercury-containing) (mercury content ≥ 0.0001% of battery weight)
85065000	Lithium primary cells and primary battery packs
8506600010	Zinc-air primary cells and primary battery packs (mercury-free) (mercury content < 0.0001% of battery weight)
8506600090	Zinc-air primary cells and primary battery packs (mercury-containing) (mercury content ≥ 0.0001% of battery weight)
8506800011	Mercury-free fuel cells (mercury content < 0.0001% of battery weight)
8506800019	Other mercury-free primary cells and primary battery packs (mercury content < 0.0001% of battery weight)
8506800091	Fuel cells containing mercury (mercury content ≥ 0.0001% of battery weight)
8506800099	Other primary cells and primary battery packs containing mercury (mercury content ≥ 0.0001% of battery weight)
85069010	Parts of manganese dioxide primary cells or primary battery packs
85069090	Parts of other primary cells or primary battery packs
85075000	Nickel-metal hydride storage batteries
85076000	Lithium-ion storage batteries
85078030	All-vanadium redox flow batteries
85078090	Other storage batteries
85079090	Other battery parts
85414200	Photovoltaic cells not installed in modules or assembled into blocks
85414300	Photovoltaic cells already installed in modules or assembled into blocks