State Council at 3 P. M. on Tuesday, January 20, 2026, in response to the recent announcement of the follow-up arrangements for the policy of "canceling or reducing export tax rebates for more than 200 commodities". Export tax rebates for photovoltaic and phosphorus chemical products will be abolished , and export tax rebates for battery products will be abolished in two years. This is a further policy adjustment based on the reduction of export rebate rates for photovoltaic and battery products in December 2024 and the actual situation in China.
He said that at present, China's economy and society have entered a high-quality development stage of accelerating greening and low-carbon. The adjustment of the export tax rebate policy is conducive to promoting the efficient use of resources, reducing environmental pollution and carbon emissions, and promoting the comprehensive green transformation of economic and social development. At the same time, it is also conducive to guiding the rational adjustment of industrial structure, promoting industrial transformation and upgrading, comprehensively rectifying "involution" competition, and promoting high-quality economic development .
Next, the Ministry of Finance will work with relevant departments to organize the implementation of the policy.
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