Export tax rebate adjustment has slight impact on deep enterprises

Source: Internet
Author: User
Keywords Export Tax Refund
Since July 15, China will abolish 406 kinds of "two high" commodity export tax from July 15 onwards, China will abolish steel, medicine, chemical products, non-ferrous metal processing materials, such as export tax rebates for 406 of goods.  Among them, and Shenzhen export products closely related to the main plastic, rubber, glass and its products, such as several major categories. Previously, the country had decided in 2007 to reduce or abolish the export tax rebate, but was stranded because of the financial crisis.  This time, the Ministry of Commerce said to control the "high energy consumption, high pollution" products export, fine-tuning the export tax rebate structure, and further promote economic restructuring and upgrading. This "Boots" landing, in the end will be the Shenzhen foreign trade enterprises What kind of impact?  The journalist carried out a survey for several days in a row. The impact on the deep enterprise is very little on the adjustment list of the export drawback rate, from 237 to No. 269 of 32 products, are related to plastic, rubber raw materials and primary products.  In this regard, Shenzhen Plastic Industry association Responsible Person said that the Shenzhen plastic production enterprises for these products "basically have involved, but are secondary raw materials." "Cellulose acetate, nitrocellulose have production, cross gang glasses frame production base is very large." The list is mostly raw materials, Shenzhen exports very little, many products need to import more.  "The official said that the cancellation of these products export rebate rate, the city plastic enterprises have little impact." The export drawback rate adjustment, "float glass" impressively in the column. However, "the impact on CSG is minimal."  "CSG group responsible person said, has been the South Glass float glass products are mainly domestic, over the years the total output of the group's share of exports is small, float glass accounted for less."  Xinyi Glass Chairman Li Xianyi earlier also to the media that the first 5 months of this year, float glass exports accounted for the group's overall sales share of less than 2%, so the adjustment of the export Tax rebate policy on its overall business impact very little.  Banyong, professor of Economics, Shenzhen University, said that the abolition of the product category is not the main export products in Shenzhen, the overall impact is small. To adjust the structure "before the policy came out, companies are already ready to prepare, these measures will happen sooner or later after China's accession to the WTO, it is not very sudden."  "The City Crafts Gift Industry Association executive Vice President Wang Shaoqing said, from this list of adjustments," the structure of "the intention is obvious.  City Plastics Industry Association Head also said that the 2007 Export tax rebate adjustment impact greater, at that time plastic enterprises nearly 90% by export tax rebate profits, struggling for a period of time, the use of financial crisis during the period of slow policy, many enterprises upgrade conversion or change to domestic sales. The official said that the Shenzhen plastic industry 2009 Industrial output value of 78.8 billion yuan, raw materials and products of direct exports only 2.9 billion U.S. dollars, less than 1/4 of the total output value, and "Our plastic products, the actual export accounted for more than 70%, are the automobile, home appliances, mobile phones and other products supporting the form of exports Low value-added products have rarely been exported directly. "CSG export products have always been to energy-saving glass, ito conductive glass, color filterand other high value-added products.  Xinyi since the financial tsunami, has been a strategic reduction of float glass export sales, currently the company's output, 70% of automotive glass for export, building glass exports accounted for 10%. Banyong said, in fact, some products export tax rebate has been canceled, but now clearly publicized out.  China's gradual abolition of the export tax rebate rate is a trend, this time it is clear that the adjustment will be intensified.  Countermeasures: The outlet is still in the brand this round of adjustment involves only 1/6 of the 2007-year period, as evidenced by the Government's cautious attitude. "Directly through the tax rebate rate to supply the enterprise, rather than the money into enterprises to create brand, development technology, strengthen the management of the guiding funds." "Banyong-style said that enterprises to the" lack of milk "export competition to maintain the" Shenzhen manufacturing "advantage, we need to devote energy and capital to the following four aspects: to create their own brand, improve visibility, improve product quality, strengthen the internal management of enterprises, in-depth marketing.
Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.