Analysts Pointed Out That The Export Tax Rebate Increased Subsidies For Foreign Businessmen.

Prudence and wait-and-see become the most frequent words in this Canton Fair.

"Now customers are not so casual in placing orders.

Customers prefer to place less orders until goods are sold out and then replenish them with high air freight charges and refuse to keep more stocks. "

Mr. Lee, a Shenzhen exhibitor, said.

Just a week ago, the state introduced the export tax rebate rate policy recently, and decided to raise the export tax rebate rate of some labor-intensive and high technology and high added value commodities from next month, while the toys, ceramics and furniture exhibited in the two phase will be adjusted.

But in the view of exhibitors, this profit seems to be of no avail.

Tax rebate rate rises

"They have been given up to them," said Mr. Zhuang of Jiangsu Beit toys import and Export Co., Ltd.

The cloth toys produced by them increased from 11% to 14% in the export tax rebate adjustment in this round, and the profit of these 3 percentage points was deducted directly from the quotations he gave to merchants.

"Our profits are relatively fixed and we can't earn more."

Ceramic export tax rebate adjustment in this round of the largest increase, from 5% to 11%.

But Lu manager of Chaozhou Kai Kai Ceramic Industrial Co., Ltd. said that the increase of 6 percentage points, at least 3 to 5 points were given to customers.

"And now the market is not good, even if we lower the price, the order will not be much."

This is exactly what the industry is worried about.

Li Zhuoming, executive vice president of Guangdong Toy Association, said earlier that the country's export tax rebate rate could ease some of the business pressure, but traders knew that the tax rebate rate would also reduce prices, so that the support of the state to export enterprises would be greatly reduced.

Some analysts even pointed out sharply that the export tax rebate will only allow the export enterprises of the Canton Fair to give profits to foreign investors at a time when the global economy is under attack. This is equivalent to the fact that the people of the world once again share the benefits of China's financial subsidies.

Increase competitiveness without price reduction

Not all companies are giving profits to customers.

Li manager of Shanghai Pu Lai Sheng International Trade Co. Ltd. confidently indicated that most of their products had not been cut.

"The increase in export tax rebates is more favorable for orders.

In this period, our results are good. Both the number of visitors and the intention to deal are 35 more than the previous ones.

And the secret of their "going against the market" is the competitiveness of their products.

Another German toy manufacturing company from Huaian is also very interesting.

The first day of the two session of the Canton Fair, Mr. Yuan, the head of the Department, took a look at the entire toy exhibition hall and confirmed that after the company did not produce the same product, the price of the product was "dead," and the business is still good.

In the interview with reporters, Mei Mei Xin Yu, a Research Institute of the Ministry of Commerce, said that the government's short-term export saving enterprises are acceptable, but if China's export enterprises are to develop in a long-term and stable way, they must also rely on the pformation of enterprises.

In this regard, the key is to look at the enterprise itself.