Hundreds Of Millions Of Investments Are Alleged To Be Competing With Sub Investment Banks.

Japan plans to invest about $100 billion over the next 5 years to support infrastructure in Asia.

Japanese Prime Minister Abe Shinzo will announce the plan on the 21 th.

Japanese media believe that Japan's move is intended to start with China's initiative to establish sub investment bank.

The news agency quoted an anonymous source as disclosing that Japan plans to provide investment and loans to Asian countries through public and private aid.

The amount of investment will be comparable to that of the Asian infrastructure investment bank established by China initiative, the report said.

The new plan is intended to show that Japan is committed to building a "high-quality infrastructure" in Asia through human resource development and technology pfer, while "different from Asia Investment Bank".

In addition to providing loans and assistance to Asian countries through the Japan International Cooperation Agency and the Japan International Cooperation Bank, Japan is also considering offering more financial support through the Asian Development Bank.

Japan is the largest investor in ADB.

Xinhua International Client reported that at present, 57 countries have become the founding members of Asia Investment Bank, but Japan and the United States have yet to take part in it.

This has also attracted the attention of geopolitics.

Japan and the United States declared their welcome.

The establishment of a new investment bank, but worried that its lending standards are in line with international standards.

On the 3 th of this month, Japanese finance minister Taro Aso published the concept of "expanding the investment of Asian infrastructure in the integration of official and civilian" in Azerbaijan's capital Baku.

In addition, Japan will set up a framework for financing cooperation between Japan International Cooperation Agency and ADB, an international financial institution.

Asou said,

The government will work together with Japanese companies to increase their competitiveness.

Infrastructure investment, which is said to "contribute to the high quality of economic growth in Asia".

"We will further utilize the world's most sophisticated Japanese technology and knowledge such as high efficiency coal fired power generation and Shinkansen to promote investment in Asian infrastructure," he said.

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A few days ago, reporters learned from the insiders that at present, China's Taxation on import links of cross-border e-commerce enterprises is applicable to postal tax (the abbreviation for luggage and postal products tax), which is being raised by relevant departments.

It is understood that at present, the import of cross-border electric business enterprises in China usually adopts the practice of building warehouses in the bonded area, that is, through the way of general trade, the goods are imported into the domestic bonded warehouses first, and the buyers are determined through the electronic business platform. After the domestic consumers order, the businesses send out small package goods directly from the bonded warehouse, so that the cost and time can be greatly saved, and for consumers, it is also more convenient.

"At present, China's customs import of cross-border e-commerce enterprises is a postal tax, which is equivalent to the arrival of personal items. This tax rate is very low, about 10%, while the general trade import tax rate is about 30% higher than that of the postal tax.

Relevant departments are deliberate on the increase of postal tax.

Insiders told reporters.

These people also said that there were differences between the various departments before the adjustment of postal tax.

At present, various departments have basically reached an agreement, postal tax will be raised to a suitable tax rate level, "higher than the current, but still lower than the general trade level, because considering the development of cross-border electricity providers should also be encouraged."

It is understood that at present, our customs has two taxation rules for imported goods, one is that enterprises purchase foreign goods to enter China and sell them for stores, customs impose duties and import value-added tax on them, and the other is goods imported or mailed by individuals, so they collect and collect postal tax.

According to experts, the collection of postal tax originated from our overseas compatriots to bring home things to our relatives or to send goods to our country.

In recent years, due to the development of cross-border electricity providers, postal tax has received more attention.

Zhang Bin, a researcher at the financial and Strategic Research Institute of the Chinese Academy of Social Sciences, told reporters that the biggest difference between cross border electricity providers and general trade imports is that the general trade import should pay the value-added tax and customs duties of imports, of which the import value-added tax is 17%, while customs duties apply to different commodities according to customs duties.

The postal tax is packaged together with the two taxes. Most of the goods have a postal tax of 10%. The tax burden is much lower than that of general trade.

"At that time, the tax rate was so low that it was for individuals who took care of overseas Chinese.

Later, as the parcel of cross-border electricity suppliers was sent to individuals directly, postal tax was applied.

This is not common in other countries. "

Zhang Bin said: "with the development of cross-border electricity providers increasing, there are two problems.

First, for the buyers, the tax burden is low and the cost is low, but for the country, the loss of tax revenue has been formed.

Two, if the development trend of cross-border e-commerce in the future is very fast, it will impact general trade.

Because the tax cost of cross border electricity providers is low, the business mode of general trade is not competitive with cross-border electricity providers.

In fact, experts believe that the current postal tax will not only cause unfair tax burden between cross-border electricity providers and general trade, but also affect the domestic enterprises because of the different tax burden of imported goods and domestic products, resulting in unfair trade.

"For example, enterprises producing biscuits also have to pay VAT in the domestic production enterprises. Why do we not pay the value-added tax in the border area? The reason why we import the value-added tax is the same tax burden on imported goods and domestic products.

It is unfair to domestic enterprises if they do not import value-added tax.

Zhang Bin said that despite this, we can not cancel the postal tax in order to achieve a fair tax burden, impose tariffs and import value-added tax on cross-border electricity providers, because now we hope to encourage the development of e-commerce.

Therefore, a compromise is to raise the postal tax appropriately.

From Zhang Bin's point of view, this is also the impact of e-commerce on the traditional tax system.

"The problems caused by cross border electricity providers will revolutionize the traditional value-added tax. We thought it was a very good value-added tax. Maybe the pition of cross-border electricity providers needs to be reformed."

It is understood that, taking into account factors such as tax loss and fair trade, the relevant state departments finally decided to raise the postal tax rate.

According to statistics from the Ministry of Commerce, there are more than 20 cross-border e-commerce enterprises in China, with more than 5000 platform enterprises.

In 2014, cross-border e-commerce pactions reached 3 trillion and 750 billion yuan, an increase of 39% over the same period, of which 129 billion yuan was imported, an increase of 60% over the previous year, and exports of 320 billion 200 million yuan, an increase of 40% over the same period last year.

The head of a foreign trade company in Shanghai told reporters that according to the types of imported goods, customs offices charge 10%, 20%, 30%, and 50% of the postal tax respectively. Most of the imported goods currently purchased by consumers are on the 10% level.

For ordinary consumers, it is still better than the excise tax to raise post tax.

For example, buying a can of imported milk powder, the goods tax is 43%.

By contrast, even if the postal tax rate is raised to 20%, the whole tax rate is still 20% higher than the goods tax preference, and the customs will be exempted from the relevant taxes and fees when the tax amount is less than 50 yuan.

This means that the overall price of small imports will not increase significantly after the tax rate is raised.

Many electric providers also told reporters that the increase in postal tax did not affect its cross-border e-commerce business.

At present, most of the overseas products purchased by consumers in China are 10%, and the price is below 500 yuan. After the tax rate is raised, the price of commodities will not rise substantially, and it is not expected to affect consumers' enthusiasm for purchase.

Alibaba also told reporters that most of the overseas businesses are actively exploring the domestic market, taking direct sales of domestic e-commerce platform, and subsidize consumers.

After the tax rate is raised, international businessmen are expected to adjust their prices to offset the impact.