(Reuters) – China’s Ministry of Finance announced it will offer tax breaks to manufacturers of solar power products on Sunday, as China moves to support an industry still struggling to deal with massive overcapacity and weak demand.
The ministry said in a short statement on its website that producers of solar power products will receive immediate refunds of 50 percent of value-added taxes.
Read Full Article HERE
Pete Sweeney, Reuters via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/_cIG_O7OXHc/
No comments:
Post a Comment