Ministry Of Finance: It Is Unreasonable To Cancel Cotton Slip Tax At This Stage.
During the 2010 National People's Congress, Zhao Linzhong, chairman of the run group and NPC deputy, submitted a motion to adjust the sliding tax of cotton imports. Recently, the state Treasury Department In reply, it is clear that it is not appropriate to cancel cotton import slip tax at this stage.
The Ministry of Finance believes that the market operation in recent years shows that cotton sliding tax has achieved good results.
First, the domestic cotton market has been stabilized. According to the cotton price index released by the China Cotton Association, the change of cotton price index in recent years has been lower than the fluctuation level of 2003~2005 years.
The two is the smooth sales of domestic cotton and the increase of cotton farmers' income.
According to national cotton testing data, in recent years
cotton
The average sales progress is obviously faster than the sales progress of 2003~2005 years.
The three is that the policy of exchange of quasi tax not only meets the demand of textile enterprises for cotton use, but also provides considerable preferential policies for textile enterprises.
Four, China's textiles still maintain strong international competitiveness.
Since the financial crisis, the export of some of our products has been adversely affected. However, China's textile and clothing products have expanded the international market share even though the export volume is the first in the world.
Before and after the financial crisis, the international market share of textiles and clothing increased by 8.3 and 7.4 percentage points, respectively, to 33% and 44% respectively.
In response to the proposal to direct subsidies to farmers, the Ministry of Finance said that compared with the large-scale farm production mode in developed countries, China's cotton growers are at a disadvantage in unfair competition.
If not
Imported cotton
Levying tariffs and adopting direct subsidies to cotton farmers will bring huge financial pressure to our country.
At the same time, the Ministry of finance also said that the state will further study the flexible use of sliding tax policy.
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