The State Council Will Increase Fiscal And Tax Policy Support To Add Another Fire To Cross-Border Consumption.

With the improvement of the income level, the demand for famous brands and high quality goods in our country is more vigorous. The executive meeting held that, with regard to the new consumption demand, the supply of innovative consumer goods and other related industries and services can enrich the life of the masses, release the potential of domestic demand, make up for the short board of people's livelihood, promote industrial upgrading and improve the quality of products.

In November 11th, the State Council held a executive meeting to promote industrial upgrading through consumption upgrading, to foster new supply and new impetus to expand domestic demand.

The meeting confirmed that reform and innovation will be taken to remove obstacles to institutional mechanisms that restrict consumption expansion, optimize consumption environment, and increase fiscal, taxation and financial policy support to develop consumer credit.

Compared to previous years, "this year".

"Cross-border electricity supplier has become the biggest highlight.

Tmall international, the main cross-border electricity supplier, surpassed the "double 11" all day trading volume in two minutes after "double 11" zero point in 2014.

Jingdong, Suning, Amazon, China and other electronic business platforms are also unwilling to lag behind, and have launched the "global purchase" and "offshore outsourcing" plate.

The domestic supply structure still can not keep up with consumer demand in a short time. People still prefer to buy imported products. This executive meeting has decided that the import channels of commodities should be unblocked, the import of popular consumer goods and other imports should be expanded, and port entry duty free shops should be set up to implement and improve the tax refund policy for overseas passengers shopping.

In an interview with reporters, Zhao Ping, a consumer economics expert, analyzed that the overcapacity in China was due to the failure to consider the supply from the perspective of final demand. This executive meeting stressed that upgrading the industry by upgrading consumption is precisely the ultimate factor that affects supply, and affects the industrial chain from the consumption demand, thus making the structure of supply and demand more reasonable.

Further mention of smooth access to commodity imports

In 2014, 117 million of China's outbound tourists spent 1 trillion yuan abroad.

More and more consumers choose to buy small appliances, medicines and mother and baby products outside the country.

During the two sessions this year, Gao Hucheng, Minister of Commerce, once said that the huge price gap between China and foreign countries was the reason for the rapid increase in overseas procurement and consumption abroad. The Ministry of commerce is trying to guide the reflow of overseas purchases.

After that, a series of relevant policies to improve the import and export of consumer goods have been introduced, including the pilot of lowering consumer tariffs on domestic consumer goods, expanding duty free varieties, and adding port entry duty free shops.

Xu Lin, director of the development and Planning Department of the national development and Reform Commission, said recently that with the increase of residents' income, China's consumption structure has been upgrading, and more and more new consumption has springing up. However, the domestic supply capacity can not meet the needs of upgrading the consumption structure of residents, or the need for high-quality consumer goods and services.

The concept of cheap goods and good quality abroad is very common in the minds of Chinese consumers. What can we do to keep up with domestic supply?

In June this year, the State Council issued the guiding opinions on promoting the healthy and rapid development of cross-border e-commerce. It put forward five supporting measures: optimizing customs supervision measures, improving policies and measures for inspection and quarantine supervision, standardizing import and export tax policies, improving e-commerce payment and settlement management, and providing financial and financial support.

The executive meeting again put forward that it will unblock the import channels of commodities, expand the import of consumer goods such as popular goods, and increase port entry duty free shops, so as to implement and improve the tax refund policy for overseas passengers shopping.

Zhao Ping said that the implementation of the previous policy is very good, but from the perspective of cross-border electricity providers, there are still many practical problems that need to be solved.

Cross border direct mail has many characteristics, such as high frequency, small quantity, variety, and low amount. However, China's import and export trade has not implemented the negative list management method, and inspection and quarantine are facing great challenges.

In addition, at present, our country aims at

The main task is to collect the postal tax, and it is urgent to achieve the following requirements: the general import tariff, cross-border logistics and consumer protection.

Promoting industrial upgrading with consumption upgrading

Compared with the growth rate of overseas consumption expenditure as high as nearly 30%, domestic consumption growth is slightly fading.

In November 11th, the National Bureau of Statistics announced the total retail sales of consumer goods in October, a year-on-year increase of 11% in nominal terms.

"What do we see? More and more Chinese consumer demand is escalated."

Xu Lin said.

China is a big manufacturing country with a wide range of manufacturing industries. But why can't the world factories produce products that domestic consumers like?

Zhao Ping believes that with the improvement of the income level, the demand for famous brands and high quality products is more vigorous in our country. The production of domestic consumer goods is the main competitive advantage with the best quality and low price. The concern for brand cultivation and technological innovation is not high enough to satisfy the upgrading needs of consumers.

The executive meeting held that, with regard to the new consumption demand, the supply of innovative consumer goods and other related industries and services can enrich the lives of the masses, release the potential of domestic demand, make up for the short board of people's livelihood, and promote industrial upgrading and product quality improvement.

According to Zhao Ping analysis, the existing industrial structure in China is unreasonable because it does not consider the supply capability from the perspective of final consumption demand, and this conference proposes to promote industrial upgrading with "upgrading consumption", which is to seize the final factor of affecting supply and to influence the industrial chain from the perspective of consumption demand, so as to make the structure of supply and demand more reasonable.

In addition to unimpeded imports of goods, the meeting also confirmed that

We should break down the institutional mechanisms restricting consumption expansion, optimize the consumption environment, establish a unified credit information sharing platform, increase fiscal, taxation and financial policy support, develop consumer credit, and extend the pilot program of Consumer Finance Companies to the whole country.

Zhao Ping introduced that, compared with developed countries, China's consumer credit is much smaller whether it is the main body or the quantity.

Compared with banks, the types and sizes of Consumer Finance Companies are relatively small, which inhibits the innovation of consumer finance. This is also the reason why this executive meeting put forward the development of consumer credit.