- China will remove VAT export rebates for photovoltaic (PV) products starting April 1, 2026, and for battery products by January 1, 2027.
- This policy will increase export costs, making Chinese PV products more expensive internationally and likely slowing export growth.
- The change aims to reflect the maturity of China’s PV industry, reduce trade frictions, and eliminate price distortions and overcapacity.
- The policy is expected to encourage industry consolidation, technological upgrades, and a shift toward higher value-added PV products.
- A surge in exports is expected before the April 2026 deadline as companies try to benefit from the existing rebate policy.
Source: chemanalyst.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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