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    Exports Of Textiles Declined By &Nbsp, Calling For National Tax Relief.

    2012/4/7 8:43:00 5

    Reduce TaxesFinancing CostsExport Decline

    Jin Zhihua, manager of Shaoxing Lingxing material limited company, told the daily economic news reporter that textile enterprises are "not difficult, but that is quite difficult". If April is still like this, I am afraid more enterprises will fall into the loss of money.


    Recently, the China Textile Import and Export Chamber of Commerce and the China Textile Industry Federation released a report that China's textile and clothing export demand and competition pressure will be even more prominent. Textile exports may decline in the first half of this year.


    For this reason, many enterprises hope that the state can help and save this traditional export industry.


    Ji Yujun, chairman of Qingdao Xi Ying Men Group Co., Ltd., said that domestic cotton prices have been ups and downs, and coal, electricity, oil and labor costs continue to rise. Many orders have been pferred to Southeast Asian countries such as India and Vietnam. It is suggested that the state introduce relevant tax relief policies to lower the tax burden of textile enterprises.


    Textile and garment exports accelerated decline


    Export decline has already occurred and there has been an increase in the rate of decline.

    According to China Customs statistics, textile and apparel exports were 31 billion 230 million US dollars in 1~2 months this year, down 2.58%, of which the total value of exports in January dropped by 0.46%, and the decline in February to 3.28%.


    Guangdong province is China's textile export province, and the situation is even weaker than the whole country.

    Data show that in 2011, the Dongguan inspection and Quarantine Bureau accepted the 84983 batch of export textiles and clothing inspection, the amount of $2 billion 211 million 221 thousand, the export batch and the value of goods fell, the decline was 13.2% and 15.6% respectively.


    "In terms of enterprises themselves, it is still difficult to realize that the order profit is maintained above 10%."

    Chen Bin, deputy director of Dongguan inspection and Quarantine Bureau, said that in the year of 2012, troubled by external market demand, RMB exchange rate and rising costs, the spring of textile exporting enterprises has not yet appeared.


    Jin Zhihua told the daily economic news reporter: "because our enterprises are facing the international high-end market, so the impact is not very big, but some enterprises in the same industry have come to the edge of survival."


    The external demand is low, and domestic demand is not strong.

    According to the State Securities report, in 2012 1~2, the total retail sales of 100 large retail enterprises nationwide increased by 6.1%, the growth rate was nearly 5 years low, and the total volume of retail sales fell 4.23% year-on-year.

    Among them, the retail sales in January increased by 12.3% compared with the same period last year, while the volume of retail sales decreased by 0.18% compared with the same period last year. The retail sales in February dropped by 8.55% over the same period last year.


    Textile enterprises call for lower taxes


    "Orders, employment,"

    Tax burden

    and

    financing cost

    It's the four largest mountain in our textile industry. "

    Jin Zhihua said that in other areas of uncontrollable, hope that the state can have some tax concessions.


    He said that now the tax burden should account for 10% of the cost, and the cost of financing will also account for 10%, but at the same time, it is difficult for the sales side enterprises to have such a large bargaining power.


    Zhao Linzhong, chairman of the board of directors of Fu run Holdings Limited, told the daily economic news reporter that the textile industry should be included in the pilot area of the State Administration of Taxation on the management of approved tax deduction for the value-added tax of agricultural products in some industries. The deduction rate of agricultural product input tax from the current 13% should be revised to the 17% applicable tax rate for taxpayers when they re sell the goods.


    Textile import and Export Chamber of Commerce report also put forward the same proposal, said this can solve the long troubled cotton spinning industry, "high levy low button" (value-added tax 17% deduction 13%) problem, reduce cotton spinning enterprise tax.


    Zhao Linzhong also pointed out that the wages of the textile industry should be calculated.

    Levy VAT

    It is allowed to deduct and allow the R & D investment and brand marketing cost of the textile industry to be included in the scope of the VAT input tax, or the vat of some of the dominant innovative enterprises and brand enterprises will be called back immediately.

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