Important News:The Cost of Chinese Fireworks Will Increase

[victorwu]

(News From Fireworkstown.com) The Ministry of Commerce of the People's Republic of China announced today that the tax rebate rate for fireworks would decline from 13% to 5% in China as of July 1,2007. As a result, the fireworks cost will increase at least 8%.

By the way, the transportation cost of fireworks will probably rise in July too. It is estimated that every 40' High Cubic container will increase 500 USD.

 

[jaspertjuh]

Aw....
That's bad news....
Is it possible that this will affect the Dutch fireworkprices too?
I hope not, because fireworks are already pretty expensive here!

 

[Tony]

Aw....
That's bad news....
Is it possible that this will affect the Dutch fireworkprices too?
I hope not, because fireworks are already pretty expensive here!

Well i think it is.
All the Dutch consumer fireworks are imported from out China.

 

[victorwu]

Well i think it is.
All the Dutch consumer fireworks are imported from out China.

China government will take steps to rectify the traditional industry and support high-technology industry currently. This time there are more than 2800 items will be rectified