Former deputy minister of Commerce: Export tax rebate New deal is expected to be announced recently

"In the foreseeable months, China's foreign trade situation will remain very grim." "Chen Deming, minister of Commerce, said recently.　　Industry insiders said, external demand atrophy has become the biggest problem of China's economy, to reduce the continued shrinkage of external demand for the impact of China's economy, foreign trade enterprises must be given corresponding support.　　June 2, the Secretary general of China International Economic exchange, the former deputy minister of Commerce, Wei told China Economic Weekly reporter, the State Council has recently met to increase support for foreign trade enterprises, especially export tax rebate preferential policies, he expected, details of the measures will soon be announced. Foreign trade exports show a "V-shaped" trend in the face of such a pessimistic atmosphere, Wei said, China's overall export situation will be "low before the High" "V-shaped" trend.　　But he also said China's foreign trade exports may continue to decline in the near future, but believe that the decline will gradually narrowed. Wei told reporters that in the face of the financial crisis, foreign trade export situation is grim, many enterprises, especially the eastern coastal areas rely on export enterprises, adopted a lot of changes in the structure of the practice. For example, the export focus of enterprises from Europe and the United States to the emerging markets, or with the support of some current policies to increase research and development capacity, with future production to prepare.　　Therefore, for SMEs, the present crisis can be said to be an opportunity for transformation. He also suggested that the country could consider further strengthening its export policy support. For example, to support local exports, it is possible to consider the 7.5% of the local tax rebate to be borne by the central government.　　And for some reputable, long-term cooperation of export transactions, export credit can provide some support, including the granting of payment extension, export credit insurance for exporters, can also provide buyer credit and importers to tide over the difficulties.　　Wei predicted that China's economy in the future recovery process, foreign trade will be the first recovery, because foreign trade is "Spring Water plumbing duck Prophet", but now must be prepared for the recovery in advance. In the harsh immediate situation, many enterprises feel that the sales focus should be shifted from foreign trade to domestic market as soon as possible. Wei that China's foreign trade enterprises must retain their exports to Europe, the United States, Japan and other markets often because once the exit, it is difficult to re-enter. In addition, in the direction of exports, we should vigorously promote the development of emerging markets including Africa, Latin America and Southeast Asia. "The development of these emerging market imports and exports, to some extent, can make up for Europe, the United States and Japan recession brought about by the foreign trade gap, while also nurturing new markets to prepare for the future recovery of the economy." "June 3, Ying Zhang did, a securities analyst, told China Economic Weekly," China's exports are expected to remain shrouded in the shadow of "swine flu" in May, but the rigid demand for major export products is more obvious.　　She expects exports to grow at a year-on-year rate of May per cent higher than in April, but still negative, expected to be 20%-17%.　　In the past, the growth of the April export chain has made people think that China's external demand contraction is improving. April Import and export of foreign trade issued by General Administration of customsThe situation shows that the month of April, China's import and export value fell 22.8%, of which exports fell 22.6%, imports fell 23%. Compared with March, exports of April year-on-year decline deepened by 5.5%.　　However, according to the average work day, the April export quarter-on-quarter growth of 6.9%, following March, one-month exports again appeared on the chain growth. "The continuous growth of exports on a sequential scale does not imply a reversal of external demand, which can only mean that the decline in exports is narrowing by month."　　"Zhang Yansheng, director of the National Development and Reform Commission's Macro Institute for Foreign Economics, explained. The call for an increase in export tax rebates has "been very bad for the present export situation." "Guangzhou Children's Chain Technology Co., Ltd., the main responsible person told the" China Economic Weekly ", their company mainly produces electric vehicles parts of high technology content, manufacturing process is complex, should belong to the State to encourage export categories.　　But in the country several times increases the export tax rebate rate, did not adjust, still remained at 5% level.　　It is understood that since May, the Ministry of Commerce has received a number of foreign trade production enterprises feedback letter, the main opinion is to increase the rate of export rebate to 17%.　　It is reported that the Chinese Textile Industry Association, China Toy Association, China electromechanical Products import and export Chamber of Commerce, China Iron and Steel Industry Association and other industry associations, there are six major non-ferrous metals enterprises, agricultural products processing enterprises and other corporate groups. Zhang Peisheng, senior business commissioner of China electromechanical products import and export Chamber of Commerce, said to the media, "the Asian financial crisis 10 years ago, the country will be ' two high investment ' export tax rebate rate of almost all up to 17%, and now export situation is far more severe than that."　　Zhang Bin, a deputy researcher at the Institute of Finance and Trade of the Chinese Academy of Social Sciences, told China Economic Weekly that since the adjustment of the export drawback in the August 2008, the traditional labor-intensive industries have become the object of greatly increasing the tax rebate rate, and the export tax rebate rate is more obvious to the traditional labor-intensive industries with the main "But also to prevent the export tax rebate policy as a simple tool to stimulate export growth, but to change the pattern of foreign trade growth in the new policy objectives lost." In less than a year since August 2008, it is clear that there is a danger of abandoning the main long-term objective in order to achieve a tax adjustment to spur export growth. Zhang Bin said.