Some Export Tax Rebates Will Be Lowered During The Year, Which Will Not Affect The Overall Export Situation.

Reduce and cancel some of the products in the middle of next year. Exit After tax rebate, yesterday, it was also reported that the Ministry of finance, the NDRC, the Ministry of Commerce and other departments are planning to reduce and cancel some of the products again. Export tax rebate The move is intended to further strengthen export restrictions on resource products. The products involved include rubber, non-ferrous metals, steel, building materials, etc. the specific products are to be determined.

Yesterday, the Ministry of Commerce International Trade Bai Ming, deputy director of the International Market Research Institute of the Institute of economic cooperation, said in an interview with the new express reporter that the possibility was not ruled out, but he said that the possibility of reducing the export tax rebate on a large scale is unlikely and will not affect the overall situation of exports.

Some related enterprises said that the company is trying to transform the way of enterprise development and try to avoid the impact of the cancellation of the export tax rebate.

　　 Resource products or focus

According to sources, the relevant departments of the state have initially formed a strategic report on the export tax rate of resource products. The products include rare earth, steel, petroleum, coal, nickel, molybdenum, and solar energy polycrystalline silicon.

On the above news, Bai Ming said, "I have never heard of this matter. In the sensitive period of the current" financial crisis is past or two bottom, "this policy is cautious.

Even if the export tax rebate is cut down, Bai Ming also believes that the relevant departments will have special control over the scope and extent, "the possibility of large-scale reduction or cancellation of export tax rebates is unlikely. It should be a carefully selected variety, especially outstanding varieties as early as last year has been adjusted.

"Two high and one capital" (high energy consumption, high pollution and resource) products have always been a major aspect of China's export control. As a matter of fact, as early as July 15, 2010, the tax rebate rate of 406 tax numbers, such as some steel and non-ferrous metal processing materials, has been abolished. At the same time, he said, with the reduction of foreign trade surplus in 2010, the starting point of export tax rebate consideration has shifted from emphasis to emphasis. "This year only starts from the perspective of energy conservation, emission reduction and economic development, and there is no consideration of balanced trade balance."

For the possible impact, Bai Ming believes that hypothetical rumors should be implemented and the scope should be smaller. The degree of control will have some effect, but it will not affect the overall situation of exports.

　　 Related enterprises are ready.

When taxes were cut last year, the market was also expected to have a certain impact on exports. But the growth of foreign trade data in the second half of last year and its record high also showed limited impact. Some of the relevant enterprises interviewed by reporters yesterday indicated that they might have some influence, but they were prepared accordingly.

Ye Qing, director of import and export business of Tongling Jinwei Copper Industry Co., told reporters that the tax rebate will help companies control costs. Therefore, if the tax rebate is cancelled, the cost of the company will increase correspondingly, and the quoted price will increase correspondingly.

"Now the headache is that a few varieties not only abolished the export tax rebate of 5% last year, but also collected a 3% tax rate. One increase or one decrease will have a greater impact on enterprises. " Ye Qing said that in order to cater for the policy, enterprises are now converting the trade mode to the processing of raw materials, and at the same time, do some copper futures hedging to lock in profits.

As a rubber manufacturing enterprise, Mr. Li, a tire exporting enterprise in Shanghai, told reporters that at present, enterprises have 5% of export tax rebates, but only 5% value-added export tax rebates are available for tires. Therefore, if cancelled, the impact will be limited.

Bai Ming also said that low value-added development is difficult to continue, it is recommended that the relevant enterprises as soon as possible to achieve upgrading and transformation. For these industries, apart from the export tax rebate restrictions, the state may also introduce other policies to restrict it.