Monday, March 02, 2009

China’s stimulus plan for petrochem and refining industry to exclude changes to windfall taxes

China’s State Council has approved a stimulus plan for the industry to help spur growth in the slowing economy earlier this month. The government will seek to boost domestic demand, increase stockpilees of oil products, improve tax policy and expand loans for petrochemical companies.

For more details on China’s stimulus plan for petrochem and refining industry to exclude changes to windfall taxes click here

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