Tax Rebate Rate Increases, Zhejiang Enterprises Benefit More

"Raising the tax rebate rate by 8 percentage points can reduce the pressure on enterprises."

"After all these years, it is the first time this year there has been a loss."

Since the beginning of this year, Lu Fang has obviously felt the export pressure brought about by the spread of the financial crisis.

According to reports, the company's products are basically exported to Europe, with annual sales of about 4000 tons.

The export price of large shrimp is 6~7 US dollars /500 grams, the intermediate specification is 3~4 US dollars /500 grams, and the small size 1~2 US dollars /500 grams.

"The biggest influence is the large shrimp, and the Europeans are eating smaller ones."

According to introducing, this year, the market is depressed, Europeans also tightened their purse, from the table showed that they are unwilling to eat prawns.

The volume of frozen shrimps sold by Li Zhou declined by 60~70%, and the total export volume of the company decreased by about 30%.

"It used to be a good container to fill up a few containers."

Lu Fanggen regrets the good old days.

In Zhoushan, a big aquatic export city, many enterprises have encountered similar difficulties.

Due to the rapid weakening of the external demand market, the slow speed of orders and the fewer orders, many aquatic enterprises in Zhoushan have already suspended their processing, while others have begun to shrink voluntarily to defend themselves.

As far as export tax rebates can contribute to the export, Lu Fang's psychology is not yet bottomless.

"But it is certain that the export tax rebate increase of 8 percentage points should be able to achieve timely results, especially those with large export volume.

The export price can be slightly reduced, which is attractive to both importers and local consumers.

While waiting for the implementation of the policy, Lu Fanggen is also busy developing new consumption potential markets outside Europe.

Following the rise of the export tax rebate rate of 3486 items such as textile, clothing and toys on the 1 day of this month, the Ministry of Finance and the State Administration of Taxation again made clear yesterday that from December 1st, the export tax rebate rate of some labor intensive products, mechanical and electrical products and other product value-added tax has been further improved, involving 3770 items and about 27.9% of all export products.

This is the third time this year to raise the export tax rebate rate, and the coverage and intensity of the adjustment were better than the first two times.

"Our province as a labor-intensive industry's export province, textile, clothing, small household appliances and other industries will benefit from it, it can help the export production enterprises of some of these products get rid of difficulties."

Hangzhou customs related statistics experts said that since the first half of this year, our province's textile, clothing and accessories, footwear, agricultural products and steel products export growth was slow or even negative growth.

After adjustment, the tax rebate rate of goods such as bags, shoes, hats, umbrellas, furniture, bedding, lamps, clocks and watches increased from 11% to 13%, and the tax rebate rates of some electromechanical products such as bicycles and household appliances increased from 11% to 13% and 13% to 14%, respectively.

"Of course, I hope shoes can also be raised within the scope of the export tax rebate, and good policies are better than none."

A child shoe manufacturer in Taizhou looked forward to it at the Canton Fair.

When he contacted him again yesterday, he seemed a bit excited. "The results of the Canton Fair are not satisfactory.

The footwear industry is also in the support of export tax rebates, although it has increased by only two percentage points, but this shows that the government has taken note of our plight.

China's machinery and electronics import and Export Chamber of Commerce responsible person also said that the big policy can not be exhaustive, will balance each product.

"The important thing is the attitude of the government."

At the same time, more and more entrepreneurs realize that only by having a strong brand of innovation can they survive the storm.

The financial crisis has made the lighter industry lighter than ever before. The tax rebate rate will be increased from 11% to 13% after adjustment.

"The export tax rebate adjustment is only one aspect of stimulating exports. Enterprises should start from many aspects to improve the added value and core competitiveness of products."

Huang Fajing, chairman of Zhejiang Richful lighter Co., Ltd., said that several patented product lighters that the company spent a lot of efforts in the past few years seems to be the most effective product to deal with the crisis.

In addition, through the cultivation in recent years, Japan and the domestic market will also become the next market growth point.