Jinjiang Textile Enterprises Benefit From The New Deal About Four Million

From the Fujian Jinjiang tax bureau and other departments, recently, the state has again raised the export tax rebate rate of textiles and clothing, which will bring about 4000000 yuan of direct economic benefits to Jinjiang textile and garment export enterprises.

The relevant staff of Jinjiang State Taxation Bureau said that since the second half of last year, the export tax rebate rate has been raised several times, to a certain extent, relieving the pressure of Jinjiang's export enterprises and helping the development of enterprises.

Estimated by last year's export quota, the export tax rebate rate adjustment of textiles and garments is estimated to bring about 4000000 yuan to Jinjiang's self export enterprises.

The Ministry of Finance and the State Administration of Taxation recently issued a notice to raise the export tax rebate rate of textiles and clothing from 14% to 15%.

This news has added confidence to Jinjiang's export oriented textile and garment enterprises.

The textile and garment industry is one of the pillar industries in Jinjiang. It has more than 3300 enterprises, about 200000 employees, and the annual output value of industry is nearly 30 billion yuan. In the industry, the majority of casual men's clothing enterprises, and 67 million jackets each year, account for 40% and 20% of the total sales volume of the whole country and the world jacket respectively.

Many enterprises in Jinjiang say that the export tax rebate rate increase is "timely relief".

"Taking advantage of the tax rebate raised this year, we will consider making plans for the export of poly fiber products this year to increase the export volume of new products," said Xu Hongmin, assistant president of the Hong Kong Group.

Last July, the company launched two new production lines for poly fiber products, which is now in the business expansion phase.

He said that the export tax rebate increase is an inspiring news for Jinjiang's large garment exporter.

"The export tax rebate rate increase has great effect on enterprises' confidence enhancement.

The increase of tax rebate will directly affect profits. In a depressed economic environment, a little more, a great impact on enterprises. "

At the same time, some enterprises said that despite the increase in export tax rebates, the situation is still grim.

Zhu Jiansheng, head of the colorful fox swimsuit business department, thinks that the increase in tax rebates is beneficial to enterprises, but the premise is that the amount and volume of business must be maintained.

"Most of our orders are through foreign trade companies, so the export tax rebate rate increase has little impact on our profits."

And a self run swimsuit foreign trade enterprise also said that because of the passivity in the negotiation process, the enterprises did not profit much because of the increase in tax rebates. "Foreign businessmen saw that the export tax rebate increased and the price negotiations were even less willing to give in."

"Now increasing the added value of products and developing competitive products, thereby enhancing the bargaining power of enterprises, should become the focus of enterprises," Xu Hongmin said. At present, Bai Hong is applying to become a high-tech enterprise. It also complies with the state's textile industry and equipment manufacturing industry's adjustment and revitalization plan to encourage the direction.

Wang Xiaonan: editor in charge