Textile Enterprises Export Tax Rebate Rate Decreased By 5%, Cost Rose 41%

However, under the impact of the financial crisis, Wuxi earthquake ball clothing has fallen into a dilemma of shrinking foreign markets, increasing domestic production costs and squeezing profit margins.

This should be done in the autumn and winter of 2009, but there is not much movement yet. "

In January 2009, the export figures were better than those in February. A large part of this is due to the fact that most enterprises expect to increase the export rebate rate in January 2009 and delay the delivery time in late 2008.

With the low level of orders in the fourth quarter of 2008, foreign enterprises' inventory consumption is coming to an end. At present, most enterprises feel that the order situation has improved considerably compared with the four quarter of 2008.

Wang Yuanqun said.

Wang Yuanqun, head of the shock ball suit, said the company's foreign trade was settled in dollars.

For example, in the past 1 dollars can buy 8 yuan of things, now 1 yuan can only buy about 6.7 yuan of things, so that the company's export product quotation is higher than the past 1.3 yuan, in order to not lose money.

But the price increases and the competitive advantage of the price is not obvious.

The direct pressure of RMB appreciation on export enterprises, especially labor-intensive enterprises, is the reduction of the profit margins of enterprises and the weakening of the competitive advantage of product prices. Therefore, for some small enterprises with weaker financial strength, their survival will be tested in the process of RMB appreciation.

The State Administration of Taxation issued the notice on improving the export tax rebate rate of textiles, electronic information and other commodities, and clearly raised the export tax rebate rate of textiles and clothing from 15% to 16%.

How much benefits can the textile export tax rebate rate raise to enterprises?

But Wang Yuanqun told reporters that the export tax rebate rate has indeed increased by 5%, but statistics show that the cost of enterprise has increased by 41% due to the implementation of the new labor law and the fluctuation of exchange rate.

So the export rebate rate of 5% is only a drop in the ocean for enterprises.

But in the long run, the fundamental reason for overcoming the crisis, revitalizing the textile industry and realizing the sustainable development of enterprises is still changing from big to strong.

Wang Yuanqun said: "the real development of textile and garment industry should be accelerated, including the pformation of design, marketing and brand building.

This is a fundamental way out for the textile and garment industry, and is also a key to enhance competitiveness in the end.