BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
COOKIE NOTICE

Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.


  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password.

In this list
Oil

China says to implement value-added tax cuts from April 1

Bunker Fuel | Containers | Dry Freight | Marine Fuels | Tankers

How will shipping deal with higher fuel costs from IMO 2020?

Natural Gas | Oil

Platts Scenario Planning Service

Oil | Refined Products | Fuel Oil | Shipping | Dry Freight | Marine Fuels | Tankers

Mediterranean Bunker Fuel Conference, 8th Annual

Oil | Crude Oil | Shipping | Storage | Tankers

Petrobras to deliver first VLCC cargo to its China bonded storage by end-June

China says to implement value-added tax cuts from April 1

Singapore — China said on Friday that it would implement value-added tax cuts from April 1, as Beijing makes an effort to give a boost to the economy by lowering the cost burden and by stimulating sales.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

"The VAT cut will start from April 1. We don't see another better way for enterprises to benefit fairly and effectively," Prime Minister Li Keqiang said during a press conference.

The government will cut the VAT rate for various sectors, including manufacturing, to 13%, from 16%. VAT for sectors, including transportation and construction, will be cut from 10% to 9%, Li had said on March 5 during the annual meeting of parliament.

-- Oceana Zhou, Analysis by Zhang Jing, newsdesk@spglobal.com

-- Edited by Geetha Narayanasamy, newsdesk@spglobal.com