The New Policy Of Stabilizing Foreign Trade Will Export Textile And Clothing Enterprises Or Be "Unbound" Again

On the 17th, Shen Danyang, spokesman of the Ministry of Commerce, said at the regular meeting that, according to the instructions of the State Council, the Ministry of Commerce is further studying and adopting measures to support foreign trade with relevant departments, and these measures will be introduced soon.

Rapid decline in foreign trade recently

"The disappearance of arbitrage trade, the decline of import and export prices, and the appreciation of the RMB exchange rate are the direct reasons for the recent rapid decline of China's foreign trade." Pan Xiangdong, chief economist of Galaxy Securities, said in an interview with reporters.

In addition, Pan Xiangdong believes that, Customs trade The statistics are mainly based on the import and export amount, so commodity prices have a great impact on the customs statistical results. Global commodity prices have lost strong support under the downward trend of the world economy this year.

It is understood that the international commodity price index on June 28 was 276.1, the lowest data in the year, 9.7% lower than the high of 305.6 in February this year. The price of China's imported goods measured by the customs has been declining for 15 consecutive months on a year-on-year basis, including 3.9% year-on-year decline in June this year.

The exchange rate problem is foreign trade enterprise One of the policy problems in trouble. "In the past, the weakening of the US dollar pushed down the appreciation of the RMB; now, the strengthening of the US dollar and the appreciation of the RMB have put great pressure on foreign trade enterprises," said Zhou Shijian, a senior researcher at the Center for Sino US Relations Research at Tsinghua University.

Enterprise orders are getting colder and profits are getting thinner

"This year, the company may not make money, a little profit is good." Liu Xuchang, general manager of Beijing Xinmeida Technology Development Co., Ltd., which mainly exports chips for foreign trade, told reporters.

"The external market demand is sluggish Export enterprises The rising cost and the decline of domestic manufacturing investment demand are the root causes. The deterioration of the external trade environment is even worse, which inhibits the further expansion of exports. " Zhang Haisheng, executive general manager of Beijing Yufeng Kangyi Biotechnology Co., Ltd., told China Enterprise News.

In the latest Global Economic Outlook, the World Bank lowered the global economic growth forecast for 2013 from the previous 2.4% to 2.2%, in which the growth rate of developed countries dropped from 1.3% to 1.2%, and that of developing countries from 5.5% to 5.1%. The weakness of external market demand directly led to the decline of orders of Chinese export enterprises and the downturn of export growth.

"The cost of domestic labor continues to increase. In the first half of this year, many provinces and cities have raised the minimum wage standard. The cost pressure is increasing, the competitive advantage of products is gradually weakening, and the export difficulty is increasing." Liu Xuchang told reporters.

Domestic industrial production slowed down, curbing the demand for raw material imports. According to the data of the National Bureau of Statistics, in the first five months of this year, the added value of China's industries above designated size increased by 4.9%, a year-on-year slowdown of 1.3 percentage points, and the industrial export delivery value increased by 5.2%, a year-on-year decline of 2 percentage points. At the same time, the profitability of steel, cement, shipbuilding, photovoltaic and other industries with overcapacity is also declining, further inhibiting the demand for raw materials import.

At the same time, trade frictions are frequent and diversified, and the trade environment is deteriorating, which has a great impact on the export of China's competitive products.

　 It is timely to support the introduction of foreign trade policies

"The introduction of policies and measures to support foreign trade is just in time, and some export fees are expected to be reduced or exempted," said Li Daxiao, director of Yingda Securities Research Institute [microblog].

According to Shen Danyang, the general idea of the measures being studied to support the development of foreign trade is to provide enterprises with a trade environment that is conducive to both stable growth and structural adjustment, is conducive to both stabilizing exports and expanding imports, is conducive to both reducing export costs and opening up new markets, and gives play to the comprehensive advantages of technology, brand, quality and service.

In September last year, the Executive Meeting of the State Council discussed and adopted the Several Opinions on Promoting the Stable Growth of Foreign Trade, and determined eight measures. The main contents are to accelerate the progress of export tax rebate, expand the scale of financing, effectively reduce the pressure of enterprise capital flow, expand the scale and coverage of export credit insurance, and pay special attention to strengthening the provision of credit insurance services for small and micro enterprises.

Huo Jianguo, president of the Institute of International Trade and Economic Cooperation of the Ministry of Commerce, pointed out that the next step of foreign trade policy should focus on the following aspects: stabilizing the export tax rebate mechanism. The first is to make every effort to ensure that the export tax rebate is in place in time to avoid new arrears; Secondly, the central government should actively discuss the proportion of local export tax rebates to be borne by the central finance, so as to mobilize local export enthusiasm; Thirdly, we will continue to study and expand the comprehensive implementation of the policy of exemption, offset and rebate in foreign trade enterprises to ease the pressure on export enterprises.

"In my opinion, we should continue to implement the process of independent tax reduction. We should continue to encourage enterprises to expand imports, especially the import of advanced technology and equipment, through temporary reduction or adjustment of tariff structure. On the one hand, we can balance trade, on the other hand, we can support enterprises to depreciate in advance and build new competitiveness." said Wu Weihai, an associate researcher of the Ministry of Industry and Information Technology.

"At present, the export tax rebate has been at the top level; in terms of exchange rate, the State Administration of Foreign Exchange has cancelled the verification form of export collection; from the perspective of the adjustment space of trade facilitation, it is most likely to make a deduction in commodity inspection and customs." Huo Jianguo believes.

Huo Jianguo said, "Instead of exempting export enterprises from commodity inspection fees, it is better to reduce the commodity inspection catalogue, so that enterprises will be loosened. At the same time, for those with excellent qualifications, it will be easier to reduce the open box inspection."

It is understood that at present, China import and export commodities The types of inspection (legal inspection catalogue) and contents of commodity inspection as high as 80% - 85% are inappropriate. In addition, there are many defects in inspection standards and conformity assessment procedures, which seriously restrict the sound development of China's foreign trade and have become the biggest obstacle to China's trade facilitation.

Huo Jianguo believes that the reason for the low profit margin, high competitive pressure and small investment space of foreign trade enterprises after the rise of comprehensive operating costs is that the credit and domestic operating environment have not been fundamentally changed. He suggested that priority should be given to ensuring credit arrangements for export enterprises to ensure that export enterprises with orders receive credit support. At the same time, he suggested that the Export Import Bank try to arrange credit lines according to the export scale of export enterprises.

From the perspective of international trade, large-scale export commodity inspection is totally unnecessary. Although the international rules do not prohibit a government from conducting export commodity inspection, the Chinese government, instead of foreign traders and foreign governments, inspects the quality of our export commodities, greatly reducing the efficiency of goods circulation and increasing the operating costs of enterprises. The annual commodity inspection fee alone exceeds 10 billion yuan nationwide, and other related fees exceed 30 billion yuan, It accounts for almost 5% of the profits of foreign trade enterprises.

The current import and export commodity inspection system not only fails to safeguard social public interests, but also hinders the normal development of trade, becoming the biggest obstacle to trade facilitation, causing a huge burden to enterprises and seriously restricting the improvement of international competitiveness of Chinese enterprises. It is estimated that unreasonable commodity inspection has led to the reduction of exports by tens of billions of dollars every year, which has a certain negative impact on China's employment and optimization and upgrading of industrial structure.

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