China's Ministry of Finance said Tuesday that, starting July 1, the country would cut or eliminate export tax rebates for 2,831 commodities representing 37 percent of the total number of items listed on customs tax regulations.

A ministry spokesman said the move was one of a basket of measures to suppress overheated export growth and ease frictions between China and its trade partners.

The country will abolish export tax rebates on 553 "highly polluting products that consume heavy amounts of energy and resources" such as salt, cement, and liquefied petroleum gas, said the spokesman.

The European Commission is set to propose an end to the five-year anti-dumping duties on Chinese energy-saving lightbulbs, a spokesman said on Thursday.

A group of trade experts at the European Union's executive body have been debating whether to drop the anti-dumping duties for several months as the trade defense measure against lightbulbs made in China was introduced for five years in 2001.

Peter Power, a spokesman for EU Trade Commissioner Peter Mandelson, said a majority of specialists support the end to the anti-dumping duties as the five-year period has expired.

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BEIJING - China's State Administration of Taxation (SAT) said Monday the actual export tax rebate in the first two months stood at 66.7 billion yuan (US$9.77 billion), up 20.8 percent year-on-year.

"The actual export tax rebate rose despite the fact that export volume declined. It shows the country's tax rebate policy is taking effect," the SAT said in a notice.

China increased the export tax rebate for labor-intensive, mechanical and electrical products in the second half of last year.

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China will further strengthen management of foreign investment projects and check foreign exchange inflow in a bid to better control it, according to the country's top economic regulator.

The move will also safeguard the country's economic safety, protect ecological environment, optimize development and reform mechanism, and prevent industrial monopolization, said the National Development and Reform Commission (NDRC) in a circular on Friday.

Projects that are not approved by the government, provide fake application materials, or use foreign exchanges improperly, will be punished.

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China will raise the tax rebate rate on some textile, iron and steel, nonferrous metal, petrochemical, electronic information and light industrial exports starting April 1.

The decision was made at an executive meeting of the State Council, the country's Cabinet, Wednesday.

Participants to the meeting agreed that it was necessary to raise tax rebates on some export products, so as to fully implement the country's economic stimulus package and the support plans for ten industries, details of which were released in the past two months.

Almost a month for electric sports car can receive information, but Mileworks Germany E-Rod's electric roadster is still a cause for concern. E-Rod shape of electric vehicles from the Porsche design, the use of carbon fiber body, the most important thing is the car did not stop at the concept stage, will be volume production, listed for sale next spring.

Audi: Age is still very far away from the EV

Audi said that the current electric cars registered in Germany (EV) less than 1500, the era is still very far away from the EV. However, EV with high efficiency and zero emissions, and many other advantages, so Audi will actively committed to EV development. EV development agencies have been established in the future will be eligible for federal grant agencies to jointly promote a project called "e-performance" activities of the project. In the project, about 100 engineers within the Audi in EV development.