BEIJING. Deci 1: China has raised its tax rebate quota for exporters to accelerate exports, state media said today, reports

The state administration- of Taxation has raised the quota by 6.6 billion yuan (795 million dollars) over the previous quota of 57 billion yuan (6.9 billion dollars), according to the China Daily.

"The move is intended to further support exporters who are doing more business and meet the requirements of the export tax rebate work at present." the tax administration was cited by China Daily as saying.

Provinces and municipalities involved in major trading have been requesting the extra rebates.

The government has relied on tax rebates to jumpstart commodities that slowed during the 1997.-98 Asian financial crisis.

In June, the tax administration raised the average tax rebate rate by nearly three percentage points, following five similar surges in 1998 and early 1999.

But the tax rebate hikes did not lead exports to do much better, the Cnina Daily said.