Chemical Plastic

March 3, 2009

Guangdong plastic exports grows up

According to Fuzhou Customs statistics, after China goverment increased vast majority of plastic products export tax rebate rate to 9 percent, Guangdong plastic exports grows up.

In November and December, Guangdong Plastics exports reached 650 million and 810 million U.S. dollars, a substantial increase of 30% and 53.4%.

Statistics show that in 2008, Guangdong exported 6.25 billion U.S. dollars of plastic products, up 6.2 percent, the growth rate down 7.9 percentage. The first 10 months in 2008, due to the cost of prices, trade barriers, domestic policy adjustments and financial crisis, Guangdong chemical plastic exports fell 1.4%.

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