Seven ministries issued notice to control the export of refined products and other resource products

According to a joint circular issued by seven ministries and commissions including the National Development and Reform Commission, the export volume of certain resource products, including rare earths, coke and refined products, will be controlled by the state. Recently, relevant officials of the National Development and Reform Commission's Economic and Trade Department stated that the export volume of rare earth and other products will be appropriately reduced; the export quota of coke will maintain the level of the previous year and will no longer increase; strictly controlling the export of refined oil through processing trade. The export volume of gasoline, coal and diesel shall be approved by the Ministry of Commerce and the National Development and Reform Commission, and the customs shall release them in accordance with the approved quantity.
Since the beginning of this year, the country has adopted a series of measures to control the export of steel, electrolytic aluminum, ferroalloy, refined oil and other products, but some high-energy-consuming, high-pollution, resource-based products still have outstanding export problems. Approved by the State Council, the State Development and Reform Commission, the Ministry of Finance, the Ministry of Commerce, the Ministry of Land and Resources, the General Administration of Customs, the State Administration of Taxation, and the State Environmental Protection Administration will jointly take measures to further control the export of some energy-intensive, highly polluting, and resource-intensive products.
The processing trade of some products will be stopped. From January 1st of next year, import wood chips, logs, wood pulp, export wood pulp or paper, cardboard; import raw hides, export semi-finished leather or finished leather; import scrap copper or copper concentrate, export unwrought copper, etc. Into the processing trade prohibited category directory.
The country will also adjust the export tax rebate policy for some products. Starting from January 1, next year, export tax rebates for coal tar, raw hides, raw hides, and dry leather shall be abolished; export tax rebates for mercury, tungsten, zinc, tin, bismuth and its products, magnesium metal and its primary products, and paraffin wax, etc. The rate is lowered to 5%.

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