Starting April 1, 2026, China will introduce a major revision of its VAT export rebate policy, the mechanism that allows exporters to recover value-added tax paid during the production process when goods are sold abroad.

The reference framework for 2026 is, first and foremost, Law No. 199 of 30 December 2025 (“State budget for the 2026 financial year and multi-year budget 2026–2028”), in force since 1 January 2026.

The year 2026 represents a major turning point for the job market in Southern Italy. Moving from the previous “Decontribuzione Sud” (implemented during the pandemic) to the new instruments imposed by the Decreto Coesione and by ZES Unica, such change has reshaped th...