China's 3rd time this year to increase the export tax Rebate tax rebate funds increased by 25.2 billion

The Ministry of Finance decided to increase the export tax rebate rate of toys and other products Beijing, June 8, according to the State Administration of Taxation website News, from June 1 onwards, the country again to raise some of the export tax rebate rate, related to China's superior products, labor-intensive products, High-tech products and deep-processing products totaling more than 2,600 10-digit　　This is the 3rd time this year, China's export tax rebate rate, but also since August last year, the 7th increase, is expected to increase the export tax rebate rate will be increased tax rebate funds about 25.2 billion yuan. The specific contents of the policy include: to improve the export tax rebate rate of some deep-processing products such as agricultural products, pharmaceuticals and steels, and increase the processing products of canned goods and fruit juices from 13% to 15%, and increase the corn starch and alcohol from 0 to 5%, and increase the alloy steel profile and cold-rolled stainless steel to 5% 0 of the tax rate is now in addition to individual products, in principle not to make adjustments); improve luggage, shoes, hats, toys, furniture and other labor-intensive products export tax rebate rate, luggage, shoes, hats, toys, furniture, etc. from 13% to 15%, will be part of the plastic, ceramics, glass from 11% to 13%, will be scissors and other small hardware products by 5%,　　11% increase to 9%, 13% respectively, increase the export drawback rate of high technology content products such as household appliances, monocrystalline silicon rods and insulin. It is understood that the increase in export tax rebate rate, according to the May 27 State Council executive meeting to determine the "perfect export tax policy, continue to support the advantages of products, labor-intensive products, High-tech products exports, strictly controlled the ' two high investment ' product exports," the spirit of the specific policy, the "two high investment" The export drawback rate of products is not adjusted in principle.　　At the same time, the policy on the tax rebate rate of the merger, the cancellation of 11% and 14% two grades, the rebate rate from the original 9 files reduced to 7 stalls. Affected by the international financial crisis, external demand is sluggish, China's foreign trade exports continue to decline. This January ~ April, China's foreign trade import and export value of 599.41 billion U.S. dollars, the year-on-year decline of 24.3%.　　Among them, the export of 337.42 billion U.S. dollars, down 20.5% per cent, imports 261.99 billion U.S. dollars, down 28.7% year-on-year, the cumulative trade surplus of 75.43 billion U.S. dollars, year-on-year growth of 32.4%, net increase of 18.45 billion U.S. dollars. Echoing the foreign trade situation, the growth in export tax rebates, which grew sharply in the first quarter, began to fall. April, the country's actual export tax rebate 32.89 billion yuan (excluding the library, the same below), the year-on-year growth of 11.9%, the chain down 9.3%. January ~ April, the national actual export tax rebate 135.862 billion yuan, an increase of 16.8%.