Former deputy minister of Commerce: Export tax rebate preferential policy will be introduced in the near future

Source: Internet
Author: User
Keywords Recently export tax rebate
China International Economic Exchange Center Secretary-General, Wei, the former deputy Minister of Commerce, said in an interview with China Economic Weekly that China's foreign trade exports may continue to decline, but believe that the decline will gradually narrow, so the overall export situation will be "before the high" "V-shaped" trend.  He said the State Council had recently met to study the need to increase support for foreign companies, especially for export tax rebates, and he expected details of the measures to be announced soon. Wei told China Economic Weekly in the face of the financial crisis, foreign trade export situation is grim, many enterprises, especially in the eastern coastal areas rely on export enterprises, to take a lot of structural changes, such as from the focus of exports to Europe and the United States, transfer to emerging markets, but also through the current policy support to increase research and development capabilities  In line with the possibility of future growth, the present crisis can be said to be a transformational opportunity for SMEs. 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, the Chinese economy in the future recovery process, the fastest is the resumption of foreign trade, because foreign trade is "Spring Water plumbing Duck Prophet", must be prepared in advance.
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