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    New Deal Helps Enterprises To "Breathe In And Practise Internal Efforts"

    2008/9/4 13:52:00 25

    Textile And Clothing Policies And Regulations Export Tax Refund

    In August 1st, the state adjusted the export tax rebate rate: the export tax rebate rate of some textile and clothing products increased, while the export tax rebates for some commodities such as chemicals and batteries were abolished.

    A month after the implementation of the new deal, there was an obvious "guiding effect" in our province. Many enterprises took advantage of this "breathing period" to cultivate their internal strength and ready to go.

    Statistics from the Ministry of foreign trade and economic cooperation showed that as the main body of this tax adjustment, textile and clothing increased by 2 percentage points, and 7620 enterprises in our province benefited.

    In 1-6 months, the province benefited from the export of textiles and clothing 12 billion 420 million US dollars, accounting for 94.1% of the province's textile and clothing exports.

    The export tax rebates of some bamboo products increased from 5% to 11%, and 29 enterprises benefited from our province. In the abolition of export rebates, the first half of the year, the province exported 420 million dollars, involving 474 enterprises, of which the export of pesticides was the most important, exports 290 million US dollars, accounting for 69.3% of the total export tax rebate exports, and the export volume of electricity pools and paclitaxel drugs were 93 million 280 thousand US dollars and 30 million 430 thousand US dollars respectively, accounting for 29.5% of the total.

    Since the beginning of this year, the continued appreciation of the renminbi and the rise of various costs have made the enterprises unable to bear heavy burden.

    A small exporters in Nanjing tried to disperse the cost by raising the selling price. As a result, an American customer responded to the order pfer to India.

    After raising the tax rebate rate, the company immediately gave the customer 1% of the price and kept the order.

    Jiangsu Kaiyuan stock estimates that textile and garment exports will be about 90 million dollars in the second half of this year, raising the tax rebate can increase profits by about 2000000 yuan.

    For the abolition of the export tax rebate enterprises, the new deal means pressure, which reflects the country's adoption of tax rates to guide the structural adjustment of the original intention.

    A company in South of Jiangsu exported nickel cadmium batteries to US $44 million 400 thousand in the first half and abolished the export tax rebate of 13%, which will increase the cost by 12 million yuan in the next 5 months.

    Another chemical company reflected that because the tax rebate adjustment did not have a pitional period, the company could not communicate with the upstream and downstream enterprises, and could not adjust the product price in time.

    Some pesticide exporters believe that the market prospect of high toxic and highly polluting pesticides after the abolition of tax rebate is bleak.

    Whether it is due to the increase in tax rebates, or because of the abolition of the tax rebate, and face the new foreign trade situation and new policies, our province's export enterprises are generally positive.

    A number of export enterprises said that although the two points of the tax rebate increase may soon be apportioned between upstream suppliers and downstream customers, the "breathing period" can be used to work hard to adjust the product mix and increase the added value of the products.

    Huang Jinlan, chairman of Jiangsu Guotai group, said that traditional products can also make fine activities, such as ordinary yarns, which used chemical fiber materials in the past. Now Cathay Pacific Group has developed thousands of varieties of blending lines and has established a monopoly position in the Southeast Asian market.

    They will develop more new products and strive to upgrade their products.

    Yu Benli, President of Jiangsu Su Mei Da group, also said that it will selectively enter the new industrial market, such as photovoltaic industry, wind power equipment and machinery parts, etc., and has launched a new energy cooperation with a famous German wind power enterprise. This year, net exports will increase by US $200 million.

    In addition, there are still many enterprises doing Kung Fu to reduce costs.

    Yangzhou couplet clothing, Kai Rui toys and other companies through the lower cost areas to open branches, "grasp the two ends, put the middle" outsourcing way to enhance product competitiveness.

    Alan toy company and Beijing Huaqi Information Digital joint research and development of intelligent "Hau pen bear", to achieve the manufacturing and service industry grafting, improve the technical content of toys, but also realize the flexible turn of the enterprise.

    A group of "two high and one capital" enterprises such as chemical industry and metallurgy began to turn to low energy consumption, low pollution and high added value direction, and seek a new way out.

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