Seventh meeting of the export tax rebate rate increase in the cumulative effect of the furniture industry can show

Yesterday, the Ministry of Finance again timely rain, will be the seventh meeting of the export tax rebate rate increase. From June 1 onwards, part of the country once again raised the export tax rebate rate of products, covering the advantages of our products, labor-intensive products, high-tech products and deep processing of products that a total of more than 2600 tariff lines of goods 10.

This is the 3rd this year, the export tax rebate rate increase, since August last year, the 7th since the increase, the industry is expected to increase the export tax rebate rate will increase by about 25.2 billion tax rebate money.

Ministry of Commerce and the Ministry of Finance of the Game

The news raised the export tax rebate has been hung in the State Administration of Taxation website, and not in the industry caused a great uproar. Some enterprises in an interview with reporters, said the news has been the tax rebate in their expectations. And in the last week to be precise on the news that the Treasury may continue to increase export tax rebate this week.

In fact, the increase of the export tax rebate rate is May 27 in accordance with a State Council executive meeting of "improving the export tax policy, to continue to support superior products, labor-intensive products, high-tech exports, stringent control over 'the two higher injection 'exports, "the spirit of the specific policies.

"The adjustment of the export tax rebate rate stability is the implementation of the State Council, a series of supporting policies to be the latest move shows that China will expand domestic demand and stable external demand closely with the intention of the regulation and control." Section of the Ministry of Finance, Deputy Director of Finance yesterday accepted刘尚希When interviewed by a reporter said, "In the short term, the current situation of China's exports is still grim, and further raising the export tax rebate rate will help reduce the cost of export enterprises, for promoting the stability role of external demand."

An expert from the Ministry of Commerce told reporters that "both the central finance and local finance, the pressure is very big now." Under the current system of export tax rebate, the return of the export tax enterprises, of which 92.5 percent financial commitment by the state, while the remaining 7.5 % by local finance departments.

"Doing so will only increase the pressure on the tax rebate, but the deterioration of the environment of foreign trade can not sit idly by, so the Ministry of Commerce and the Ministry of Finance can only be made through the discussion of the adjustment of a relative compromise." The expert said. Since May, the Commerce Department has frequently received from the export of a large province and a letter to Chamber of Commerce Association, the proposal to increase the export tax rebate rate, involving textiles, mechanical and electrical products, toys and steel and other fields.

Informed sources also revealed that the core principles of this adjustment is to ensure that the export share in the international market remains unchanged. "Although the growth rate has been below the targets set earlier this year, that is, a simultaneous increase in exports and GDP, but at least not in the share is lower than last year's level." Said the.

Still did not forget to promote structural adjustment of export

Yesterday, the Ministry of Commerce Institute, Dr. Mei Xinyu in an interview with our reporter said that from the content point of view, agricultural products and machinery and electronic products to raise more tax rebate rate to 15% or 17%; number of labor-intensive products also increased to 15%, and high energy consumption of steel products to increase less, only 9%, indicating that the export tax rebate rate to increase still have a choice, the Government hopes to differential treatment in order to reflect the purpose of adjusting the structure.

also said that "this was a different product aimed at taking a different adjustment. For conversion is not conducive to development and economic restructuring, such as' two high-funded 'products and failed to take measures to encourage. So The retreat rate of exports is to the stability of the adjustment of foreign trade combined with structural adjustment to consider, not simply to stimulate exports. "

"The adjustment from the national point of view, or the hope of achieving the goal of these points." Mei Xinyu explained to reporters, the first is security of employment, which is to improve the labor-intensive products and agricultural products deep processing of the tax refund rate for the purpose of, at the same time by This speed up the elimination of our overseas competitors; Secondly, to enhance the structure of export commodities, some with high technical content of mechanical and electrical products of the highest rates of tax rebates, low-tax rebate rate of steel.

"In addition, to avoid negative spillover effects." Mei Xinyu believes that the current iron and steel production to stimulate the blind not only to the environment, industrial restructuring has a negative impact on iron ore talks to us a negative.

Concern for the industry has raised the export tax rebate rate may slow down the pace of China's economic structural adjustment problems. State Information Center, a researcher at the Economic Forecast Department Zhang Yongjun the view that the Government raised the export tax rebate rate strong initiative, is to cope with the international financial crisis, a timely choice, now maintaining stable employment and growth is a priority. Such as the situation improved, the Government will change on the basis of re-adjustment of export products.

Show whether the cumulative effect of a tax rebate?

Although the Ministry of Commerce will adjust export tax rebate to save the foreign trade enterprises as a trump card, however, but many experts are not optimistic about, in their view, the export tax rebate to bring the positive effect is very weak, the Government should not be out of this trick.

Mei Xinyu said that once we raised the export tax rebate rate, foreign will be to keep the prices down, our business in order to retain order, usually to make some compromises, concessions will be part of a tax rebate to customers. "Enterprise malicious price competition, the state tax, but to subsidize the foreign enterprises."

The first editor-in-chief Wang textile network forward in an interview with reporters said the pressure of the most important foreign trade enterprises or declining overall demand, it is not we will be able to rely on to resolve the export tax rebate. It seems people in the enterprise, "a tax policy can only benefit the temporary difficulties, in the long run, most worry about is still the order."

General Administration of Customs show that the export tax rebate rate of increase is not simply to reverse the decline in China's export growth in the situation, but the Government the amount of export tax refund has grown significantly. First quarter of this year, China's total exports declined , the amount of export tax rebates the same period last year increased by 29.7%, accounting for the same period the proportion of total income tax revenue was 14.3%.

"No crisis comes, the Government can save all enterprises." Mei Xinyu, told reporters that "the export tax rebate side effects of the tool itself is not small, the effect of the limitations of space did not now how much. Therefore, I object to continue to adjust." It is because the export tax rebate to see the side effects brought about by, Mei Xinyu that the State should not continue to adjust export tax rebate rate.

Central European Business School Professor that frequent policy adjustments, even if the export tax rebate rate is to increase the surface such measures favorable to exporters, but also to enterprises may be much larger than the adjusted cost of revenue.

He pointed out that the best way is to maintain the stability of the Government's policy environment in which the laws of the market taking effect.

Since the financial crisis in seven to adjust

June 1, 2009 some of the goods from the export tax rebate rate to further increase

April 1, 2009 to raise textile and other goods from the export tax rebate rate

1 February, 2009 raised the textile, apparel export tax rebate rate

1 January, 2009 from parts of machinery and electronic products to increase the export tax rebate rate

1 December, 2008 to adjust the export tax rebate rate of labor-intensive products

1 November, 2008 textiles and other commodities to adjust the export tax rebate rate

1 August, 2008 to adjust the textile export tax rebate rate of commodities such as Guangdong enterprises are still called the greatest benefit from more support

Foreign trade as the country's first province, Guangdong's total import and export volume accounting for 1 / 4. An interview with reporters yesterday, the export of a number of business owners and people in the industry have indicated that they raised the export tax rebate for being against the world financial crisis, a huge number of export enterprises in Guangdong, it is clear that the guidance has played a positive role. They said that "even if the increase has been more than symbolic significance of the substance, will also use it as an excuse foreign export prices, while down from , but in difficult times, to have a point is a point of profit, which also shows the state on foreign trade policy support and direction. "

Raising the export tax rebate on Guangdong's foreign trade is significant, the scope of this adjustment related to the advantages of Guangdong Province, products, bags, shoes and hats, toys, furniture and other labor-intensive products, high-tech products and deep processing of products. In fact, the province in the previous 6 in both the export tax rebate to benefit from a substantial increase.

According to statistics, Guangdong Province in 2008 increased 20 billion yuan tax rebate super is expected to increase the tax rebate in 2009 will be about 30 billion yuan. January to April this year, Guangdong Province in the previous 6 to adjust the total merchandise exports of 45.13 billion U.S. dollars, down 15.7 percent the same period last year the province's total exports dropped 2.1 percentage points smaller.

Dongguan Textile and Apparel Industry Association, said the Secretary-General Pan Rihui, business-to-the increase in export tax rebates is welcomed as an important labor-intensive products, toys, shoes and textiles and clothing before the synchronization did not emphasize that this increase is believed to be a supplement to increase, " This is a positive signal. "

The toys from the 13% tax rebate rate to 15 percent, Guangdong Toy Industry Co., Ltd.-hee is the general manager Chen Chao said that toy companies are close to the ex-factory cost, coupled with China's toy export market in the United States and the European Union introduced the end of last year "the promotion of the Consumer Goods Safety Act" and the "new toy safety directive" has come into effect, the production of toy materials, supervision and mandatory third-party testing has more stringent requirements on the cost of toy production was up again. "But the two-point increase in the export tax rebate certainly eased to some extent, our current predicament." Chao said Chen.

Foreign Trade Development Co., Ltd. of Guangdong Province Toys department said that the toy market is a buyer's market, in the context of supply exceeding demand, most companies these two points, only the export tax rebate is to reduce costs as factors, to reduce the price. In other words, these two points will be transferred to the foreign profits, our enterprises, it is hard to get the benefits of the substance.

However, also said that the two points to raise export tax rebates, though not a fundamental change from the grim situation of foreign trade, but to some extent, business has played a role in mitigation. "We look forward to have more sales on the introduction of incentives, but we would like to export to domestic sales, the provision of more facilities and information to help exporters tide over the difficulty, because it can really alleviate the plight of the toy business."

Director, Office for Foreign Trade and Economic Cooperation of Guangdong said that Guangdong's foreign trade in the implementation of measures to actively cope with the international financial crisis, it is important to highlight the efforts of the implementation of the export tax rebate policy. Strengthen cooperation with the Inland Revenue, Customs and other departments with a positive indicator for the export tax rebate and speed up the progress of the export tax rebate. Huang Ying Chuan trainee reporter

A profound effect    

Part of product levy retire

Notification of the Ministry of Finance noted that the adjustment, TV with sending equipment, sewing machines, tapes, CDs, records and other media, automatic data processing equipment and parts, electric motors and generators, such as export tax rebate rate of 13% or 14 % to 17%.

This means that these products in the domestic production and circulation of value-added tax actually paid, full refund in the export sector, to implement a "zero rate" export.

Increase in the food industry into the ranks of the first

In addition to luggage, shoes and hats, toys, furniture and other goods to the export tax rebate rate of 15% has been "no chance" of raised export tax rebates food commodities, accounting for the tax adjustment for nearly half of merchandise.

This reporter has learned that part of aquatic products export tax rebate rate to 13% adjustment of up to 8 percentage points; canned, juice and other deep-processed products of export tax rebate rate from 13% to 15%. The adjustment, the reason for the adjustment will be included in the list of the food industry, the industry believe that this shows the Government's intention to the people's livelihood and employment play a greater role in the export tax rebate.

Ceramic industry: only 13% raised to the industry disappointed

Some types of ceramic products export tax rebate rate to 13%. In this regard, China Ceramic Industrial Association, said that this adjustment has not yet reached their expectations, hopes to increase the increase rate of the relevant departments to help the ceramics enterprises out of the woods.

China Ceramic Industry Association, according to the Secretary-General Huang Rui-hong estimates, the increase for the enterprise can only save about two billion have little effect, but after that they can be expected to 15%.

The low rate of iron and steel industry tax refund

Increase the export tax rebate rate of some products. Profile, such as alloy steel, steel structures, such as iron and steel products, scissors and other commodities, the export tax rebate rate to 9%.

According to the tariff adjustment calculation, involving pre-2009 varieties accounted for a total export volume in April of 12.5%, 10.8% of the cumulative export value, accounting for exports in April the month of 13.7%, 12.1% of exports that month. If the pre-2009 situation in April that full-year exports are expected to adjust the tax rebate to the iron and steel industry 170 million U.S. dollars of the proceeds.