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The Ministry Of Finance Said Publicly That It Would Lower Import Tariffs On Luxury Goods.

2011/7/27 11:21:00 34

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It is widely expected.

Luxury goods

The tariff cuts are almost certain, and luxury goods themselves are also going through.

Price increase

At the time of "keeping" the price, the Ministry of finance has publicly stated that it will not lower the import tariffs of luxury goods, not only can not be reduced, but also should be further strengthened.

"There is no news about the reduction of luxury tariffs now, nor has it been considered in the near future."

The reasons for not lowering the tariffs on luxury goods are

Treasury Department

On the one hand, reducing the tariffs on luxury goods can not affect the price of luxury goods, nor can it bring the luxury goods purchased abroad to domestic demand.

Since tariffs account for a very low share of the price of luxury goods, it is difficult to reduce tariffs.

retail price

。

On the other hand, the reduction of luxury tariffs is driven by foreign economic growth, not China's economic growth.

Because luxury goods are mostly foreign brands, both domestic and foreign purchases will not help to stimulate China's economic growth, and it will be useless for China's economic restructuring.

Unlike the position of the Ministry of finance, the Ministry of Commerce believes that lowering tariffs is a general trend in reducing import tariffs on luxury goods.

Recently, Yao Jian, spokesman of the Ministry of Commerce, once again said at a regular news conference that lowering the import tariff of luxury goods is based on expanding consumption.

The intensive statement of the Ministry of Commerce has made the market generally expect that the import tariff reduction of luxury goods will be a foregone conclusion.

Recently, a reporter's investigation found that some of them included CHANEL and DIOR.

brand

The price of the product has risen.

"As the Ministry of Commerce and the Ministry of Finance consider the issue differently, the above two departments have different considerations in policy, but generally speaking, the Ministry of finance is the direct enacing body of various tax regulations, so the statement of the Ministry of Finance may be more powerful in reducing import taxes."

Zhang Deyong, an Associate Research Fellow of the finance and Trade Institute of the Chinese Academy of Social Sciences, believes that lowering the import tariff of luxury goods is conducive to expanding the domestic consumer market, but at the same time, it will also impact domestic industries. The decision-making departments should weigh the two and decide whether to reduce import tariffs.