Home >

Export Tax Policy Can Moderately Focus On Structural Adjustment Of Labor Intensive Industries.

2008/9/4 15:30:00 33

??? 日本語 Fran?ais English 中文

Export Tax Policy Labor Intensive Industry Structure

In recent years, China's export tax policy has been continuously fine-tuning: both the adjustment of tax rebate policies to encourage exports and the appearance of special tariffs to curb exports.

Industry experts believe that in the coming period, China's export tax policy will continue to fine tune the situation and continue to adhere to the policy direction of promoting industrial upgrading, limiting "two high and one capital" and the export of important commodities such as grain.

　　結構性微調仍將繼續

"The reason why our country wants to impose special export duties on chemical fertilizers and other resource products is that the products have not yet formed a reasonable price formation mechanism."

Zhang Bin, a researcher at the Institute of Finance and trade of the Chinese Academy of Social Sciences, believes that the production of resource products does not include the cost of compensation for resources and the environment, nor does it cover the cost of mining rights, not to mention that the price of electricity and energy in China has been controlled for a long time. Therefore, in the current circumstances, it is reasonable to use export specific tariffs to curb the export of these products.

Because of this, China has adjusted export tax policies several times since last year.

For example, at the end of last year, China abolished the export tax rebates for wheat (2041, -23.00, -1.11%, bar), rice and other raw grain and its milling products. Since January 1, 2008, the export tariffs have been set up for 5%-25%, and export tariffs on chemical fertilizers have been increased four times this year.

Industry experts believe that the pformation of foreign trade structure is a long-term process, and in this process, grain export and "two high and one capital" commodity export threshold will be even higher, and the import of key equipment and other commodities aimed at accelerating economic restructuring will be further supported.

Fan Jianping, chief economist of the national information center and director of the Department of economic forecasting, believes that the price gap between domestic and foreign resources products is large and can be adjusted step by step by adjusting prices gradually, and then carrying out mechanism reform to reform the price formation mechanism of resource products.

It is worth noting that despite the suppression of exports of "two high and one capital" products by means of Taxation and quotas this year, exports of a few "two high and one capital" products are still increasing.

Analysts believe that the high growth of these products imply that resources and energy prices are "not in place" and that they still have strong competitiveness in the international market.

Therefore, while steadily adjusting the resources and energy prices, it is imperative to continue to regulate the export tax policy.

　　適度關注勞動密集型行業

Zhang Bin believes that the current export tax rebate rate adjustment for textiles and other industries is only a fine adjustment of export tax, and its purpose is to alleviate the excessive impact of these labor-intensive industries.

Since the beginning of this year, the negative factors such as the decline of external demand, the appreciation of RMB and the increase of production cost have affected the development of these labor-intensive industries.

Many of these export-oriented industries are labor-intensive industries.

Therefore, by re supporting the export tax rebates of these industries, they can not only give these industries a time of pformation, but also play a stabilizing role in employment.

Zhang Bin pointed out that the export tax rebate policy can not fundamentally change the pformation trend of labor-intensive industries. The abolition of export tax rebates is actually not the last straw to overcome these industries.

"With the increase of labor costs and resource costs, these low value-added industries are bound to face pformation."