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    Priority Should Be Given To The Reduction Of Import Tax On Livelihood Products.

    2011/7/20 9:50:00 41

    Import Tax On Livelihood Products

    Business Department officials said last weekend that luxury tariff disputes should be based on expanding domestic consumption.

    Before that, the Department official said in an interview that despite various differences, the ministries and commissions of the Chinese government have basically reached a consensus on reducing the import tariff of luxury goods.

    China's luxury tariffs will be lowered by a maximum of 15%.

    However, the Department that has a greater say in tariff has claimed that it has not heard that the import tariff of medium and high grade consumer goods should be adjusted.

    Those who advocate mercantilism and value industrial status are also opposed to lowering import tariffs.


    Different sectors have different opinions on the reduction of luxury tariffs, reflecting different sectors.

    interest

    Atypism.

    But according to the World Luxury Association report, China's luxury market will reach US $14 billion 600 million by 2012, which will be a new peak for luxury consumption across the world.

    Last year, the luxury consumption of Chinese people was 4 times higher than that in China.

    According to the data of relevant departments, the value added tax and consumption tax of imported goods in China were nearly 1 trillion and 50 billion yuan in 2010, and the tariff was about 202700000000 yuan, and the proportion of both of them accounted for 29.5% of the central fiscal revenue.

    It can be seen that, according to the caliber of the World Luxury Association, even if all luxuries consumption is pferred to the domestic market, even if it is exempt from all luxuries tariffs, it will not be significant for consumption regression, improving trade balance and economic pformation, and so on.


    Therefore, lowering the import tariff of luxury goods has a positive effect on China's economy, but it is not important.

    According to the data provided above, the import tax and customs duties of import goods in 2010 amounted to nearly 1 trillion and 210 billion yuan, which is hundreds of times of the consumption amount of luxury goods. This shows that the import tariffs of all imported goods have a great drop in space. At the same time, it shows that the concept of luxury goods of Chinese people is much larger than that of the World Luxury Association, and many of the middle products are attributed to luxury goods, thus imposing higher taxes.

    In June, CPI has reached 6.4%, the highest level in 35 months, and the annual CPI breaking rate of 5 has almost become a foregone conclusion.

    Luxury tariff

    It is also necessary, but priority should not be placed on sorting.

    Because there are more products, we need to reduce tariffs on import links as soon as possible so as to improve China's people's livelihood.


    Therefore, it is necessary to draw away from those luxuries that have become people's daily consumer goods and no longer treat them as luxuries, and appropriately reduce the tariffs of these commodities.

    These intermediate goods no longer treated as luxuries can be classified into several categories according to the relationship with people's livelihood.

    The first category is everyday consumer goods, such as cosmetics.

    Second categories of life and work necessities, such as Iphone, Ipad, notebook computers and other electronic products and overseas mid-range cars.

    The third category is the necessities of life, typically imported foreign milk powder.


    I believe that tariffs on the first category of commodities can be reduced appropriately because of these

    Import

    The importance is general.

    The second category of commodities should be substantially reduced in tariffs, because such goods are more closely related to the life, study and work of the Chinese people nowadays.

    As for the third categories of commodities, the import tariffs should be greatly reduced or even exempt, because they are very scarce in China and directly related to life and health.

    Infant formula is very important to Chinese families and infants, and directly related to the life and healthy growth of infants and young children.


    Therefore, for China, it is very necessary to introduce tariff relief to the agenda as soon as possible according to the importance of imported goods to people's livelihood, especially the third and second commodities mentioned earlier.

    Take infant formula for three reasons.

    First, the impact of successive events such as "big head dolls", "melamine", "leather milk" and the recent "new national standard reduction standards" and other dairy industry has made people have no confidence in domestic dairy products in the past few years. Although there may be individual milk companies that have improved their quality, it is absolutely necessary to reduce or even eliminate all taxes on imported milk powder in the import link for the sake of the health and life of tens of millions of families and infants in China.

    Second, at present, most families in China do not earn enough. Many families have suffered a lot of economic pressure to buy foreign milk powder for their children, and many families can not afford to import imported milk powder.

    Third, the price of foreign milk powder has increased recently. It is reported that the price of foreign brands of milk powder has risen again after two months of interviews with 6 foreign milk powder in relevant departments.

    The momentum of price increases should be checked, and tax relief should be the quickest means.


    Putting people's livelihood issues, especially those related to the lives and health of the Chinese people, should be placed at the top priority, and they should be able to form a correct understanding of the reduction and exemption of duties.

    First of all, even though tariff reduction has affected fiscal revenue to some extent, its negative impact on fiscal revenue is less than its positive impact on China's promotion of consumption and trade balance as well as its dependence on external market and economic pformation.

    More importantly, even if it has some negative effects on some industries, such as the dairy industry for a time, this negative impact is far from positive for improving the quality of life of Chinese people and even ensuring their health.

    China is now the most important manufacturing power in the world. Many industries have a decisive influence in the world. It is no longer necessary to rely on tariff barriers to win the space for industrial development.

    Moreover, according to the latest reports, the total fiscal revenue in the first half of this year was 5 trillion and 687 billion 582 million yuan, an increase of 31.2% over the same period last year. The value added tax and consumption tax of imported goods increased by 37.1% over the same period last year. Tariffs increased by 32.1% compared with the same period last year.


     

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