Processing manufacturing Products Export tax rebate rate to 5% to 17%, experts said to help reduce the cost stability of export enterprises outside the "comprehensive Xinhua News Agency, Beijing, June 8," Reporters 8th from the Ministry of Finance, the State Council approved, China from June 1 onwards to further improve the export rebate rate of some goods. The adjustment is divided into five grades, involving agricultural deep-processing, electromechanical, shoes and hats, glass products, steel products and other types of processing manufacturing products, adjusted export rebate rate from 5% to 17%. More than 2,600 tax purposes of goods tax according to the Ministry of Finance, the State administration of Taxation recently issued a joint "notice on the further improvement of the export tax rebate rate of some goods," since June 1, television transmission equipment, sewing machines and other commodities export rebate rate increased to 17%; canned, fruit juices, Sans and other agricultural deep-processing products, electric gear pump , semi-trailer and other mechanical and electrical products, optical components, such as instrumentation, insulin preparations and other drugs, bags, shoes, hats, umbrellas, hair products, toys, furniture and other goods export tax rebate rate increased to 15%. The adjustment involved in the processing of agricultural products, mechanical and electrical, shoes and hats, glass products, steel products and other manufacturing areas of more than 2,600 items of tax purposes. In addition, some of the plastic, ceramics, glass products, some aquatic products, turning tools and other goods export tax rebate rate increased to 13%; alloy steel, steel structure and other products such as steels, scissors and other products, such as iron Export tax rebate rate increased to 9%; corn starch, alcohol export tax rebate rate increased to 5%. The two departments said that the adjustment of the export tax rebate rate of the specific implementation time, "Export goods declaration (exclusive export tax refund)" customs indicated by the date of export prevail. To promote the stability of external needs of the Ministry of Finance, deputy Director of Treasury Liu Shangxi 8th in an interview, said that the adjustment of the export tax rebate rate is the implementation of the State Council to stabilize the need for a series of supporting policies of the latest measures, reflecting the government will expand domestic demand and stabilize the need for close integration of "In the short term, the current export situation of our country is still grim, further improving the export tax rebate rate will help to reduce the cost of export enterprises, for the stability of external need to promote." Andifu, a professor at the Renmin University of China, said that to adjust the export tax rebate rate to stabilize overseas market demand is an international financial means. Since the outbreak of the financial crisis, China's continuous increase in export rebate rate to stabilize exports played a positive role. The Government for different products to implement different export tax rebate rate, on the basis of increasing support, and further highlight the structure of the intention to focus on promoting the advantages of products, labor-intensive products and High-tech products exports. In response to the adverse impact of the international financial crisis, since last year, China has issued a series of support for the steady growth of foreign trade policy measures: several consecutive increases in export tax rebate rate, the current comprehensive tax rebate rate of 12.4%; support small and medium-sized enterprises to explore the international market, especially to open up new markets , multi-channel increase loans to help export enterprises solve financing problems and so on. Wang Zixian, deputy director of the Ministry of Commerce Policy Research, said that stability outsideIt is of great significance to the current economic growth of China, which plays an irreplaceable role in stimulating economic growth, strengthening the ability of resisting risk and stabilizing employment. "The role of export to economic development may weaken in the short term, but the role of foreign trade as the engine for the long-term development of the world and China's economy has not changed radically." "The high technology export strength data show that despite the 24.3% per cent drop in foreign trade imports and exports in January-April this year, the monthly decline in April fell by 1.9% per cent from a year earlier. In particular, the April and March chain import and export value growth of 10.4%, indicating that our foreign trade situation to maintain the March signs of improvement, showing the stability of the situation. In addition, in the past two months, China's clothing and other labor-intensive products exports from the decline to rise, general trade exports better than the overall, processing trade import and export decline slowed. China's trade with Europe and the United States and Japan has improved, falling below the overall decline, and 3 April decline showed a continued narrowing trend, only April, China's EU, US, Japan's bilateral trade value of the quarter-on-quarter growth of 8.1%, 9.9% and 10.3% respectively. The head of the Ministry of Finance disclosed that the Ministry of Finance in the formulation of export tax rebate adjustment policy, it is clear that the scientific and technological content, higher value-added products as the focus of increasing the export tax rebate rate for future export growth to cultivate strength; at the same time, adhere to the "two high investment" products to abolish export tax rebate policy This bottom line does not
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