24 April 2019

China mulls removal of coal export tax, paper says

China is considering removing the coal export tax from Jan. 1 next year amid lower coal prices in the domestic market, the 21st Century Business Herald reported Friday, citing an unnamed source. The government currently levies a 10 percent export duty on coal exports, the report said. The country’s coal exports have declined to 5.42 million tons in the first eight months of this year from 100 million tons in 2003, the newspaper said, citing data from the General Administration of Customs.

– Contact HKEJ at [email protected]



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