Export rebate rate rises for the third time this year

Experts say China's export situation is still grim (reporter Shi) the Ministry of Finance, the State administration of Internal Revenue announced yesterday, from June 1 this year, to further improve the export tax rebate rate of goods, some of the export tax rebate rate to 17% of the upper limit, this is the third time this year to improve the export tax rebate It is reported that a total of more than 2,600 commodities listed in this round of export tax rebate, mainly related to China's superior products, labor-intensive products, High-tech products and deep-processing products.　　Among them, alloy steel profile, cold-rolled stainless steel, etc. from 5% to 9%, canned, fruit juice and other deep-processing products from 13% to 15%, television transmission equipment, sewing machines and other goods export rebate rate increased to 17%. It is worth noting that, shoes, hats, toys and other traditional export products of China's export tax rebate rate has been greatly improved.　　Notice that the increase in luggage, shoes, hats, toys, furniture and other labor-intensive products export tax rebate rate, bags, shoes, hats, toys, furniture, etc. from 13% to 15%. Affected by the international financial crisis, the external demand for the impact of the factors on China's foreign trade exports has been particularly evident this year. Statistics show that the first 4 months of this year, China's foreign trade import and export value of 599.41 billion U.S. dollars, the year-on-year decline of 24.3%.　　Projections from 23 institutions, such as Goldman Sachs and CICC, showed that exports fell by 23.1% in May over a year earlier, a further increase from 22.6% last month. Since last year, China has issued a series of support for the stable growth of foreign trade policy measures, a number of consecutive increases in the export tax rebate rate, the current comprehensive tax rebate rate of 12.4%, this is the 3rd time this year, the increase in export tax rebate rate, but also since last August, the 7th increase,　　The rise is expected to increase tax rebates of about 25.2 billion yuan. Since this week, foreign trade, CPI (consumer Price index) and other related sensitive data will be released, therefore, the export tax rebate policy by industry experts, the relevant industry experts said that further increase the export tax rebate rate to help reduce the cost of export enterprises. However, affected by the international financial crisis, this year's export situation in China is still grim.