The State Council Has Put Forward A New Export Policy.
The State Council has put in place the relevant policies on the import and export of consumer goods at the executive meeting, and has put forward several good prescriptions for promoting consumption.
In addition to improving the import and export policies, China will also speed up the upgrading of China's own product quality and brand effect.
It is an indisputable fact that China's foreign trade situation is not good enough.
In response, the State Council put forward a new consumer goods import and export policy at its executive meeting 28, including downgrading.
Import duties
We should adjust the scope of Taxation of mass consumer goods, increase and restore port duty-free shops, etc.
According to the analysis of the industry, the state's policy of adjusting import and export trade is actually to stimulate domestic demand and promote consumption growth so as to stabilize the development of national economy.
"Good prescription" promotes consumption
In order to meet consumer demand, the State Council has put in place the relevant policies on import and export of consumer goods at the executive meeting, and has put forward several good prescriptions for promoting consumption.
Among them, China will reduce import tariffs on some consumer goods by the end of June this year, and expand the scope of tax reduction.
Clothes & Accessories
As for mass consumer goods, China will also adjust the scope, tax rate and collection link of such consumer products in combination with tax reform.
At the same time, in order to facilitate consumers to buy foreign products in China, China will set up and restore port entry duty free shops and reasonably expand the tax-free varieties. For overseas tourists, China will continue to promote its shopping clearance and tax rebate facilitation so as to promote consumption upgrading.
In addition to improving the import and export policy, China will also accelerate the promotion of China's own product quality and brand effect, in a standardized and orderly market order, to promote the survival of the fittest brand, so that consumers can be comfortable and convenient to buy goods.
Bai Ming, deputy director of the International Market Research Institute of the Ministry of Commerce and international trade and economic cooperation, said
State Council deployment
The main reason for the import and export policy of consumer goods is that China's foreign trade failed to achieve its targets in the first quarter, especially in the field of imports.
He added that foreign trade is closely related to consumption, and consumption is the main force to stimulate the national economy. Therefore, it is reasonable for the government to promote consumption growth through foreign trade means at this stage.
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