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    Adjustment Of Export Tax Rebate And Adjustment Of Domestic Textile Enterprises

    2008/12/5 0:00:00 93

    Under the coordination of the ministries and commissions of the NDRC and other relevant ministries and commissions,

    Export tax refund for textiles and garments

    The rate up to 15% has been implemented, and the date of issue is determined only at the decision level.

    According to the research report, if

    Export tax rebate

    The rate was adjusted to 15%. In 2009, the average exchange rate of RMB against the US dollar was estimated at 6.5, without considering other variables. The export tax rebate adjustment will increase the net profit of the textile industry by about 5 billion 700 million yuan.

    But with the growth of net profit of 5 billion 700 million, domestic textile enterprises are not happy.

    Yesterday evening, the head of a textile enterprise in Jiangsu told the daily economic news that most buyers were in a wait-and-see condition when the consumption in Europe and America was low.

    Tax rebate adjustment

    We also have no profit whatsoever.

    According to a survey conducted by a foreign trade forum, more than 30% of enterprises have not received orders since September.

    At the same time, many buyers chose to import in Bangladesh.

    Bangladesh official data show that as of September, Bangladesh clothing exports increased by 45% over the same period, reaching 3 billion 400 million US dollars, and many orders were pferred from China.

    Bangladesh's production and Export Association says Bangladesh has become a producer.

    Cheap clothes

    The pfer of production from China to Bangladesh has become a new trend in the most competitive countries. The order production of the more than 1500 members of the association has been arranged so far.


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