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Notice of the Ministry of Finance and the State Administration of Taxation on Cancelling the Export Tax Refund for Wheat and Other Raw Grains and Their Flour

Notice of the Ministry of Finance and the State Administration of Taxation on Canceling Export Tax Refund for Wheat and Other Raw Grains and Their Flour [2007] No. 169 December 14, 2007 Finance Departments (Bureaus), State Taxation Bureau and Finance Bureau of Xinjiang Production and Construction Corps: With the approval of the State Council, export tax refund for wheat, rice, rice, corn, soybean and other raw grains and their flour will be canceled from December 20, 2007. See the annex for specific commodity names and tariff numbers. The specific implementation time shall be subject to the export date indicated by the customs in the "Customs declaration form for export goods (special for export tax refund).
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USD/RMB to enter 1: 6 integer mark in 2008

Many financial institutions have defined the trend of RMB in 2008 in the "six" era: the most conservative view also believes that the US dollar will enter the 1: 6 integer mark against the RMB by the end of 2008. According to a report from China News Agency on January 16, Hong Kong Ming Pao recently published an article signed "Feng Qishi", stating that people in the financial and financial circles in the mainland generally believe that the appreciation of the renminbi is no longer different, and the only thing that needs to be considered is the government's bottom line of appreciation. The article points out that in the recent period, there has been a sharp increase in the speech of "appreciation is beneficial", and it seems that the RMB is likely to shift from passive appreciation to active appreciation. At the end of last week, the mainland officials announced two figures.
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