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    Zhang Shiping Said Cotton Deduction Should Be Increased From 13% To 17%.

    2014/6/19 8:50:00 69

    Zhang ShipingCottonInterview

    "This is the tenth time I have mentioned this motion." Zhang Shiping, chairman of the National People's Congress and chairman of Shandong Wei Qiao Venture Group Co., Ltd., told reporters that the motion he brought this year suggested that the state should introduce policies as soon as possible. Spin The industry implemented a unified tax, the cotton deduction deducted from 13% to 17%.


    "At the first session of the nine national people's Congress in 1998, I put forward this motion for the first time, up to now more than 10 times. I think the policy of "high tax and low deduction" of cotton textile enterprises' value added tax is unreasonable and discriminatory. Zhang Shiping, the head of the world's biggest cotton textile enterprise, is the richest man in Shandong this year. The reporter found that the cell phone he held in his hand was a simple old cell phone. "Ha ha, this mobile phone is 200 yuan." 2000 yuan can buy 10. " When he saw the reporter staring at his cell phone in surprise, Zhang Shiping smiled at the reporter.


    But when it comes to the motion, he has a solemn expression. "Cotton textile enterprises' current value-added tax deduction, the purchase tax rate of cotton is 13%, and the final product's sales tax rate is 17%, which means that even if the cotton textile enterprises do not realize the value added, the cotton purchased will be sold at the original price, and they still have to bear 4% of the tax revenue and the tax burden of the enterprise is very heavy."


       Zhang Shiping The reason why this problem has existed for a long time is mainly because in the late 90s and early twenty-first Century, when the cotton market was liberalized and joined in the early stage of WTO, the cotton textile market situation was better, the profit rate of the enterprises was relatively high, and 4% of the unreasonable taxes and fees generated by the high and low tax deduction could still be borne. However, since 2007, cotton textile enterprises nationwide difficulties, although some large enterprises such as Wei Qiao, with other advantages to stimulate the rise in wages, but some cotton textile enterprises because of international competitiveness and at present only maintain a small profit level, many small and medium-sized enterprises are seriously damaged.


    "Now other agricultural and sideline products, including corn, have solved this problem. Only cotton has not been solved, which is very unreasonable and discriminatory." Zhang Shiping said that in recent years, the competitiveness of single textile enterprises in the world is very weak. At present, China's cotton is still implementing quotas, and the price per ton of cotton in China is three to five thousand yuan higher than that in foreign countries. Moreover, foreign veils and cotton germ cloth occupy the domestic market, making domestic cotton spinning enterprises, especially small and medium-sized enterprises, more difficult and the domestic market gradually losing. Coupled with this unreasonable tax policy, it directly affects the survival of the cotton textile industry. This not only affects the stability of the employment of migrant workers, but also restricts the improvement of the wage income level of migrant workers. The whole industry has a strong voice to solve the problem of high deductible deduction.


    "It is recommended that the state adopt a policy as soon as possible to implement a unified tax on cotton textile industry. cotton The deductible deduction increased from 13% to 17%, making the tax rate of input and output identical and identical with the deduction. Zhang Shiping told reporters that after the implementation of the policy, it can give cotton textile enterprises a more relaxed development environment, speed up the technological progress and structural adjustment of cotton textile industry, improve the competitiveness of the textile industry, solve the employment of about 20000000 migrant workers, and lay the foundation for increasing the income of labor-intensive industrial workers, so that enterprises can have the ability to substantially raise workers' wages and increase farmers' income.

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