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    MOFCOM: We Must Maintain The Continuity And Stability Of The Export Tax Rebate Policy.

    2010/8/18 8:30:00 53

    Foreign Trade

      

    Ministry of Commerce

    Vice Minister Jiang Yaoping said that China's foreign trade policy is stable in the second half of the year, but it is still possible to adjust the export tax rebates for some products with high energy consumption and high pollution.

    Experts believe that considering the start of mid July, the cancellation of export tax rebates for some products and the uncertainty of the current foreign trade situation are unlikely.


    According to the Securities Daily reported on August 17th, Vice Minister of Commerce Zijin Mountain 16 in the "seeking" magazine published an article that, in order to speed up the pformation of foreign trade development mode, we must maintain the export tax rebate policy continuity and stability, and maintain the basic stability of the RMB exchange rate.

    Recently, Vice Minister of Commerce Jiang Yaoping also said that China's foreign trade policy is stable in the second half of the year, but it is still possible to adjust the export tax rebates for some products with high energy consumption and high pollution.


    In this regard, 16 days to accept

    Reporter

    Experts interviewed believe that China's current implementation of the "eleven. Five" plan is far from the goal of energy conservation and emission reduction, and heavy industry may continue to reduce the pressure.

    However, considering that the export tax rebates for some products had been cancelled since the middle of last month, and there are many uncertainties in the current foreign trade situation, it is unlikely that it will continue to be launched in the short term.


    Liu Zhiyi, a macroeconomic analyst at CITIC, said that the foreign trade data released just now in July showed that although China's exports hit a new high in the month, however, the growth rate of both the ring and the year-on-year showed a downward trend.

    In the future, China's exports are still going global.

    Stock

    The euro zone debt crisis and the three pressures of China's structural adjustment.

    Therefore, the second half of the year's foreign trade policy still needs stability.


    Liu Zhiyi also believes that the energy consumption per unit GDP in China will be reduced by 20% during the "11th Five-Year plan" period.

    This year is the last year of the "eleven. Five" plan. Although GDP and other indicators have been completed, the target of energy saving and emission reduction is still far away. At present, the energy consumption per unit GDP has only been completed by 71.9%.

    Therefore, in order to eliminate backward production capacity, it is necessary to shut down and turn around.


    Zijin Mountain said in its article that China's foreign trade now faces the problems of increasing trade frictions, less comparative interests and prominent trade imbalance.

    "Long term trade imbalance is neither a policy choice nor a sustainable development of foreign trade.

    The way of foreign trade development must be changed.


    Liu Zhiyi believes that from the above management position, we can see that our country no longer gives profits to foreign countries, and we must continue to deepen structural adjustment.

    Secondly, in the context of tighter real estate policy, land leasing has declined sharply.

    The government is in urgent need of funds.

    Therefore, plastics, medicine, steel, cement, ceramics and other industries may continue to reduce the pressure.


    Liu Zhiyi believes that compared with heavy industry, because the light industry absorbs more labor force, if adjusted, it will have a greater impact on employment.

    Therefore, heavy industry becomes the first choice.

    But it does not rule out that light industries will also be included in the category of lower subsidies.

    Such as textiles, clothing, household appliances, toys, electronic information products and so on.


    Li Jian, a researcher at the Ministry of Commerce and international trade and Economic Cooperation Research Institute, believes that the government will comment on this article in accordance with state (0) (0).


    Other commentaries have launched the topic related information and information forum. Please input the implementation of the energy saving and emission reduction of the verification code, and the number of "two high and one capital" products, and make corresponding decisions to fine tune them.


    "Of course, only in July 15th did we start a new round of lowering the export tax rebate rate.

    At the same time, considering the complexity of the export situation in the second half of the year, it is unlikely that it will continue to be launched in the short term. "

    Liu Zhi Yi said.


    It is reported that the Ministry of Finance and the State Administration of Taxation jointly issued the notice on canceling the export tax rebates for some commodities, and explicitly abolished the export tax rebates for the 406 tax numbers, including some steel products, non-ferrous metal processing materials and chemical products, from July 15th.


    The export tax rebate adjustment is concentrated in the fields of high energy consumption, high pollution and resource products.

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