The Export Tax Rebate Rate Rose To 13%, The Textile And Garment Industry Felt Grateful And Pleased.

"Finally hanging out on the Ministry of Finance website.

I've been waiting for a month! "

Mr. Liu's joy is beyond words.

Mr. Liu is doing garment export business in Guangzhou, and the factory is located in Shunde.

The important news that he posted on the Ministry of finance is the news about China's adjustment of export rebate rates for textiles and garments since August 1st at around 3 p.m.

The Ministry of Finance and the State Administration of Taxation jointly issued the notice on adjusting the export tax rebate rate of some textiles and garments, pointing out that since August 1, 2008, the export tax rebate rate of some textiles and clothing has increased from 11% to 13%, raising the export tax rebate rate of some bamboo products to 11%.

"The original $about two hundred thousand can't wait. It's gone on Monday."

Mr. Liu told reporters that if the notice came out a month earlier, it would be fine, because it was just the peak of shipment.

"If I start in July 1st, I can retire almost 100 thousand."

　　短期“強心劑”

According to the reporter, as early as the notice came out, from the history of the export tax rebate adjustment, the current export situation of the industry and some of the trend of the decision-making level, the industry has expected the possibility of greater policy.

At present, the decline in export growth of China's textile and garment industry is related to the decline in foreign demand brought about by the subprime mortgage crisis in the United States.

Although the main reason for the current industry situation is not export tax rebate, but from a policy point of view, the export tax rebate policy is aimed at the industry with the most direct control effect of the policy.

From the recent state leaders' survey of industry, the management dilemma of the textile and garment industry has attracted the attention of the national decision-makers.

Although the industry is experiencing an inevitable trend of industrial upgrading, this does not mean that the industry will experience a "hard landing" of a large number of small and medium-sized enterprises in a short time.

Under the current external economic slowdown, rapid appreciation of RMB and rising raw materials, textile and garment enterprises have great pressure to survive.

　　兩難選擇下的權宜之計

Insiders said that although in the short term, improving the export tax rebate rate of the textile and garment industry is conducive to slowing down the pressure of the export-oriented enterprises in distress, but from a long-term trend, it is not conducive to upgrading industrial upgrading.

It is a supportive policy and expedient policy to deal with the unemployment caused by the current export predicament.

In fact, the national macroeconomic regulation and control policy, especially through fiscal and tax policies, promotes industrial upgrading increasingly.

Zhang Ping, director of the national development and Reform Commission, said recently that the export policy would be fine-tuning locally.

We should give targeted support to some of the labor-intensive industries such as textiles, clothing and light industries.

At the same time, "continue to strictly control grain, chemical fertilizer and coal, coke, steel and other" two high and one capital "products export.

According to the industry, under the influence of a series of unfavorable factors such as high inflation and global energy shortage, the export of Chinese rough processed products is becoming more and more difficult.

Taking industrial upgrading and reducing energy consumption is the only way out for Chinese enterprises.

The development and Reform Commission insiders said that in fact, like the clothing industry, it also basically belongs to the industry with excess capacity. It needs to "shrink", and with low added value characteristics, there is little possibility of large-scale support.

The garment industry has been supported by the export tax rebate policy, mainly due to the rapid appreciation of the renminbi since last year and the sharp decline in the competitiveness of the garment industry.

　　嚴控“兩高一資”

According to the information released yesterday by the Ministry of finance, the export tax rebate rate adjustment also abolished export tax rebates for some high energy consumption, high pollution and resource products, including red pine nuts, some pesticide products, some organic arsine products, paclitaxel and its products, rosin, silver, zinc zero, some coating products, some battery products, and carbon anode.

According to the new policy, some high energy consumption and resource oriented export enterprises may be more affected.

Gao Zhiwei is the owner of a medium-sized aluminum alloy product company in Foshan, Guangdong and South China Sea, whose products are mainly exported to Europe, the United States and other countries.

According to the state's new tax rebate policy, Gao Zhiwei's export of aluminum alloy products belong to the "pressure" part.

Luckily, because of the deep processed products produced by Gao Zhiwei factory, the export tax rebate rate in the past was between 9%-11%. Even now, the effect of adjustment is not great.

However, it may not be so lucky for more manufacturing enterprises in China.

According to statistics, 70% of the national export products are processed and manufactured products, and most of them are rough machining and high-energy consumption products.

As early as the beginning of January this year, Chen Deming, Minister of Commerce, said at the national business meeting that the Ministry of Commerce would cancel the export tax rebates of 1115 "two high and one capital" products with 10 batches of the relevant departments, and 4 batch of export tariffs on more than 300 commodities, and strictly control the "two high and one capital" field of foreign investment.

Newspaper reporter Liu Bin

　　鏈接

According to the history of export tax rebate adjustment, from January 1998 to July 2001, the export rebate rate of textile and garment increased 3 times from 6% to 15%, and clothing increased from 6% to 17%. The reason for the increase of export tax rebate was to cope with the great impact of the Asian financial crisis in 1998 on China's exports.

* from the current export situation of the textile and garment industry, the nominal export growth of textiles and clothing was 1-5 and 24.64% respectively in the month of 2008, and the actual growth rate was 14.32% and -1.86%, respectively. The growth rate of garment exports showed a significant downward trend.