75% in the central government and 25% in local governments. According to the inquiry in official website, State Taxation Administration of The People's Republic of China, People's Republic of China (PRC), the exemption and adjustment tax of value-added tax is the income enjoyed by the central and local governments, with 75% in the central and 25% in the local governments. The value-added tax exemption and adjustment tax refers to a tax adjustment measure to offset the taxable amount of domestic goods between export tax rebate and domestic tax on raw materials, spare parts, fuel and power consumed by production enterprises.