Financial Support Policy For Small Enterprises

When it is necessary for the government to adjust the tax rebate rate in time, it may be very difficult for the government to adjust the tax rebate rate. Since the beginning of the year, affected by the huge changes in demand and cost, the "Yangtze River Delta" and "Pearl River Delta" regions, first, a large number of labor-intensive low-end processing enterprises, such as Korean capital, Hong Kong capital and Taiwan capital, have withdrawn or closed down, and then small and medium-sized enterprises engaged in processing trade in China are also faced with the same operating difficulties. Although the survival of the fittest is the rule under the market economy environment, and it should be said that it is a very normal thing for small and medium-sized enterprises to enter or exit the market. However, statistics show that in the first half of this year, 67000 small and medium-sized enterprises have closed down in the first half of this year. Although the number is still within the normal range, SMEs are related to employment and economy Growth. More than 65% of China's economic growth is contributed by private economy, and the main body of private economy is small and medium-sized enterprises. If such an important economic entity can not get a good development, employment, the "foundation of people's livelihood", will inevitably be impacted, and the stable and rapid economic development will be affected. Raw materials, labor, exchange rate These well-known factors make enterprises have to digest the increased costs in various production links as much as possible, but with little effect. Especially with the increasingly severe foreign trade environment, private small and medium-sized enterprises gradually withdraw from the field of foreign trade due to their small production scale, rising costs, weak digestion capacity and declining export orders. According to the data obtained by the reporter in Zhejiang Province, only 50% of Wenzhou's lighters export enterprises have started operations. In the same period of last year, the number of domestic enterprises decreased by up to 1629 on the basis of the number of domestic enterprises. It is difficult for small and medium-sized enterprises to seek common solutions to the rising cost of raw materials and raw materials by lowering the price of RMB and tax rebate. Throughout the hot July, members of the Standing Committee of the Political Bureau of the CPC Central Committee rushed to coastal provinces and cities to investigate the problems of small and medium-sized enterprises on the spot. Subsequently, the central government made new arrangements and arrangements for macroeconomic work in the second half of the year, with special reference to "supporting small and medium-sized enterprises to solve production and operation difficulties". Experts pointed out that when small and medium-sized enterprises are facing unprecedented difficulties, it is very necessary for the government to issue policies to support them in a timely manner. Flexible fiscal policy measures such as adjusting the export tax rebate rate may provide more immediate support to the real economy. As a result, the State Administration of Taxation announced that the export tax rebate rate of some textiles and clothing will be increased from 11% to 13% from August 1. Since 2006, China's export tax rebate policy has been lowered for the first time. For the current small and medium-sized foreign trade export textile enterprises, the export rebate rate callback started this month is undoubtedly a significant positive. According to the estimation of the total export volume of textile and clothing of 184.7 billion US dollars last year, the tax rebate will increase the profit of textile industry by more than 10 billion yuan annually. Industry insiders pointed out that the increase of the export tax rebate rate can effectively curb the further expansion of the industry's loss, and will largely ease the survival pressure of small and medium-sized textile and garment enterprises with high export dependence. At the same time, it is worth noting that this fiscal and tax preferential policy is a promise fulfilled under the condition of "differential treatment". First of all, it is not like the export of leather products, such as large-scale furniture, which does not enjoy tax rebate. Secondly, the export tax rebate rate of some textiles and clothing was increased, and the export tax rebate of some pesticides and other products was cancelled. Basically, the idea of keeping pressure and promoting industrial upgrading was followed and firmly. According to the analysis of experts in the industry, at present, when the operation of foreign trade is facing difficulties, the fiscal policy is not to guarantee the whole thing, but to take advantage of this opportunity to implement differentiated policies, accelerate the transformation of the growth mode of foreign trade and adjust the industrial structure. It is indeed a wise move. However, what is worrying is that due to the lack of brands and low added value of China's textile and garment industry, the export lacks independent pricing power. With the increase of export tax rebate rate, foreign buyers will take advantage of the opportunity to depress the price, which may eventually make the profits obtained by enterprises increase the export tax rebate to be occupied by foreign buyers. From the perspective of the prosperity of the textile industry, it is possible to adjust the export tax rebate policy for a long time. In addition, industry experts believe that fiscal policy can also play a role in several other aspects, such as the establishment of credit risk guarantee fund through financial investment, and the support of guarantee institutions for small and medium-sized enterprises through credit risk guarantee fund. Long Guoqiang, Vice Minister of the Foreign Economic Research Department of the development research center of the State Council, said that some structural and positive fiscal policies could be tried, such as increasing support for innovation, reducing some taxes and raising the tax threshold. In the second half of 2008, with the economic cooling down, the pressure of demand driven price rise will be slowed down, but the pressure of cost driven price rise will still be large, and the necessary adjustment of energy price will also constitute new pressure. It is suggested that governments at all levels should clear administrative charges and increase subsidies to slow down the driving force of enterprise cost rise on price rise. Reduce the toll standard of toll road and reduce the cost pressure of transportation enterprises. The tax policy can reduce or reduce the cost of innovation. As soon as possible in the nationwide promotion of enterprise value-added tax reform. The information uploaded from the second Guangdong SME Economic Forum shows that the state will actively provide necessary assistance to SMEs within the financial capacity. In terms of Taxation, we are now studying how to raise the threshold of income tax for small and low profit industrial enterprises that meet the needs of industrial development, gradually establish a tax mechanism in line with the development of China's small and medium-sized enterprises, and explore a tax system that can increase the matching preferential policies year by year according to the contribution rate of small and medium-sized enterprises to the fiscal revenue. In any case, to solve the problem of difficult operation of small and medium-sized enterprises has not only been paid attention to, but also has obvious results. The timely adjustment of export tax rebate policy is only the "first move" of financial policy to help SMEs out of their predicament. I believe that with the continuous introduction of various policies supporting the development of SMEs by the central government and local governments, SMEs with development potential will not only overcome the current "barrier", but also usher in a new development opportunity.