continue preferential treatment. On May 13th, it was revealed in Shanghai that Ruan Haifeng, the information officer of China Nonferrous Metals Industry Association's Recycled Metals Branch Department, said that the state would waste tax on recycling materials no later than the second half of this year.

Ruan Haifeng's "Shanghai Aluminum Summit 26-Aluminum Industry and Market" co-sponsored by Shanghai Nonferrous Metals Industry Association and Shanghai Futures Industry Association revealed the news.

the end of the preferential tax policy, the waste materials recycling industry that the state adopted tax refund in 21, its purpose value-added tax changed, and the waste materials recycling business unit was exempted from selling the waste materials it bought. Although this policy

people in the industry support enterprises to engage in the business development of waste materials, the average tax burden of the industry is much higher than that of other industries, which has seriously affected the development of waste materials recycling industry.

This year, organized by the Ministry of Finance, organized by the National Development and Reform Commission, the State Administration for Industry and Commerce, State Taxation Administration of The People's Republic of China, the State Environmental Protection Administration and other four ministries and countries, and the China Nonferrous Metals Industry Association's Renewable Metals Branch, the domestic waste materials tax policy, renewable resources, recycling association and trade association are ready to introduce new tax policies to support and encourage the development of the domestic waste materials recycling industry. Policy

Ruanhai Feng told reporters that the three principles, namely, the taxation of waste recycling industry, support the whole recycling industry chain and the relevant value-added tax. The results have not yet been announced and relevant policies have not been issued, but Ruan Haifeng stressed that the policies will be implemented in the second half of this year.

The tax is never taxed. Will the development of circular economy in China be affected? Changchun, a professor of economics at Donghua University, said that if its tax restrictions are too large, they may have some impact.

Duan Kuang, an expert in civil law at Fudan University, told this reporter that the recycled waste materials industry is a lack of systematic construction waste and garbage that is not treated and recovered in time. If it is a clear industrial system, the standard of tax system circular economy construction should be of great benefit.

transferred from: plastic additives business network.