The Tax Rebate Rate Raised A Positive Signal.

The export tax rebate rate raised by 2% may not reach the expectations of many enterprises, but this is a positive signal.

First, the increase of two percentage points is not a heavy rain for thirst for China's textile industry, but at least some moist dew.

Secondly, the uncertainty of textile export tax rebate was ended. This factor has been affecting the quantity of foreign trade orders in the past year.

More importantly, the adjustment revealed that the country has already been concerned about the plight of the textile industry, and hopes to help the textile industry out of difficulties through macroeconomic policies and measures.

In fact, the recent discussions on the legalization of small loan companies and private lending are another favorable factor for the state to ease the financing difficulties of enterprises.

However, the plight of the textile industry is not just the export tax rebate problem, but also affected by the global economic downturn, the RMB exchange rate fluctuations, the increase in the cost of the industry and other comprehensive factors.

The increase in export tax rebates can only save the moment, and it is impossible for the textile industry to get out of difficulties.

In the long run, the contradiction between the sustained high growth of domestic textile industry and the limitation of global textile and clothing demand growth has become increasingly prominent. China's comparative advantage in textile industry has been narrowing gradually for other developing countries.

Therefore, China's textile industry can not survive and develop for a long time by raising the export tax rebate rate, and it needs to rely on self hematopoiesis to enhance its competitiveness.

In this sense, it is right for the state to make use of relevant policies to promote the pformation of the growth mode.

As long as we gradually guide the industry from incremental development to industrial upgrading, encourage survival of the fittest, encourage resource integration and industrial restructuring, the textile industry will be able to get out of the predicament.

At present, Huafeng spandex is also facing difficulties. The export tax rebate rate increase has little direct impact on enterprises. But with the revival of textile industry, the spandex industry will get better.

Enterprises will welcome the arrival of spring through technological upgrading, strengthening cost control and improving management level.