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Category: Governmental News
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Published: Tuesday, 21 February 2012 10:03
It was learned recently from the Municipal Bureau of Taxation that a total of 14,303 tax paying companies have been approved of export tax rebates in 2011, valued 385 bln yuan, increasing by 20.7% over the same period of the previous year. Ranking fifth nationwide and first in Zhejiang Province, the tax refunding aggregates provide sufficient capital support for the city's open economy to reverse in adversity.
In 2011, faced with the complex economic situations domestically and internationally, foreign trade in Ningbo saw a continued upward trend, with its total volume almost hitting 1000 bln US dollars (98.188 bln US dollars) this year, up 18.4% over the same period the previous year. This includes 60.832 bln US dollars of exports, an increase of 17.1%. Correspondingly, the city's tax departments have fully performed the regulatory function of taxation by properly carrying out export tax rebate policies, constantly simplifying relevant auditing and approving procedures based on controllable risks, and doing their utmost to reduce the time needed for the capital turnover of enterprises, thus refunding over 0.1 bln yuan per day on average for exporting enterprises, particularly for mechanical and electric, textile and garment companies.
In 2012, faced with new export situation and its new features, the city's taxation department has formulated the "Breaking and Speeding" Campaign Plan on Export Tax Rebate, stating that it will be carried out in the first half of the year. This campaign will aim to take account of the reasonable demands of exporting enterprises, further improve the service and management of export tax rebate, accelerate relative auditing and approving procedures, and ensure timely and sufficient export tax refunding through various concrete measures such as raising the reading-in frequency of external information, trying out “spot application” of export tax rebate service in some regions, promoting internet application, upgrading the transmitting means of materials for approving, developing policy-promoting service and warning service, etc.
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Category: Governmental News
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Published: Tuesday, 21 February 2012 10:02
The air quality in the urban area of Ningbo will be greatly improved in the near future as some of the buses, taxies, port container trucks are expected to use natural gas rather than petrol as fuel as required by the city government in the Gas-for-Petrol Scheme of Buses, Taxis, Container Trucks in the Urban Area which was released a couple of days ago.
According to the Scheme, by the end of the 12th Five-Year Plan there will be 2500 natural gas buses in the urban area, to account for half of the total, with around 10 supporting service stations. There will be 3500 dual-fueled taxis (petrol and natural gas), accounting for 70% of the total, with 15 to 20 service stations providing two fuels. There will be 500 container trucks using natural gas, accounting for 40% of the total in Ningbo Port, with 3 to 4 service stations providing LNG.
Currently, there are over one million motor vehicles in the city. Emissions by vehicles are responsible for 30% of the air pollutants in Ningbo among which the most frequently used buses and taxis account for nearly a half. All of these constitute a major threat to the quality of the air. It is indicated that emissions of various toxic gases can be reduced by 85%, noise by 40% if natural gas is used. Also, the cost of this fuel is lower than petrol. Natural-gas-fueled buses and taxis are widely seen in cities of Chengdu, Chongqing and Xi'an.
The scheme will be carried out in six districts in Ningbo step by step. The rest places can make some adjustments with a reference to their own situations.
According to the scheme, targeted vehicles for natural gas are buses, taxis and port container trucks in the urban area. LNG( liquefied natural gas) is more suitable for container trucks and passenger buses with heavy weight, big displacement and long-distance drive. CNG (compressed natural gas) is more suitable for cars, taxis and buses. Taking these elements into consideration, buses are expected to rely on both LNG and CNG, taxis on CNG and port container trucks on LNG only.
In response to those changes in vehicle fuels, the construction of LNG, CNG or L-CNG stations will be added to laying-out of bus stations. CNG stations or LNG-and-Petrol stations will be added to urban planning and LNG station added to ports. Presently, the construction of city natural gas station has already been started.