Eight Measures Of The State Council To Help Textile And Garment Enterprises Reduce Their Burdens

On September 12th, Premier Wen Jiabao chaired a State Council executive meeting to study and determine policies and measures to promote stable growth of foreign trade.

The meeting discussed and passed several opinions on promoting stable growth of foreign trade, and identified eight measures to speed up the progress of export tax rebate, expand the scale of financing, expand the scale and coverage of export credit insurance, increase trade facilitation level, properly cope with trade frictions, actively expand imports, optimize the layout of international trade market, and optimize the regional layout of foreign trade.

Restricted by world economic growth and international market downturn, China's

The export of the industry has been greatly resisted. The export situation of the industry is not ideal this year, the growth rate of the industrial scale is decreasing, and the net profit has declined sharply. The industry prospect is not optimistic.

Based on the basic stability of the value-added tax system and the consumption tax rebate system, we adjusted the problems reflected by the export enterprises, and benefited a lot from SMEs and new enterprises. Supporting enterprise financing and exempting export inspection and quarantine fees is equivalent to directly giving export enterprises financial support and reducing the operating costs of export enterprises. It is the help of real gold and silver; improving trade facilitation level and improving customs clearance efficiency are time saving costs, "time is money", and also in disguised form, reducing enterprise costs and reducing burdens on enterprises, expanding the scale and coverage of export credit insurance, and paying special attention to providing credit insurance services to small and micro enterprises. This time, the new regulations on export tax rebates in the "eight countries" of foreign trade have been integrated into all the existing effective regulations on export rebates and are keeping our exports.

In the short term, these policies will undoubtedly greatly help the recovery of the entire textile and garment industry and enterprises overcome difficulties, give our foreign trade enterprises pformation and upgrading, and open up the market space, especially to give small and medium-sized enterprises more breathing opportunities to adapt to the foreign trade environment.

Accelerate tax rebate and speed up capital turnover

Export tax rebates are very important for foreign trade enterprises, such as textile and garment labor-intensive industries, and tax rebates are the source of profits for these industries.

"Before the national tax refund comes down, the trading company will tax us first, and we will give the trading company 1 agency fees."

The head of a garment factory in Ningbo said, "but if the tax rebate goes down slowly, sometimes the trade company will escort our tax rebate not issued, which will also have an impact on our capital turnover."

Among the eight measures, the most important thing is to expedite the progress of export tax rebates and ensure timely tax rebates.

Timely tax rebate can help ease the problem of cash flow in textile and garment enterprises.

Expanding financing to solve capital problems

At present, the textile and garment enterprises are not only faced with the problem of insufficient orders, but also the financing difficulties and the shortage of funds are also very serious.

"Orders are of course the most important, but money is also important.

It's really hard now. When I see my peers down, I really worry that the next one is myself.

Zhejiang Wuxi a textile enterprise leader said helplessly.

"Like we do processing, often meet the value of millions of goods sent out, but the goods can not be said back in time, the enterprise will fall into the difficult situation of capital operation.

Loans to banks are so difficult that mortgages are coming up, such as small businesses like ours. How many fixed assets are there? "A small foreign trade processing company is pouring water on the author.

In addition to accelerating the tax rebate schedule, the eight countries also focused on expanding the scale of financing, effectively reducing the financing threshold for banks to set up small and micro enterprises, helping small and micro enterprises to speed up capital turnover, solve financing problems and reduce costs.

Foreign demand is still a problem. Enterprises should take the opportunity to upgrade.

Although the "eight states" have solved the difficulties of financing and capital of Chinese textile and garment enterprises to some extent, relieving the development pressure of some enterprises, they are affected by the global economy and the cost of raw materials and labor in China.

Rigid problems such as insufficient external demand and rising costs are not solved by the state's new deal. These problems still exist.

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A professional e-business platform, a good order network professional said: textile and garment enterprises must seize the opportunity and adjustment time of the "eight countries" to give enterprises the opportunity to breathe, seize the opportunity, do well in internal strength, find new business models, use new marketing channels like e-commerce, launch new products with new technologies and technologies, speed up pformation and upgrading, and achieve self breakthroughs in order to really get rid of the present passive situation.