406 kinds of abolition of export tax rebates only Haiguanshuihao the total number of 3%

6 22, the Ministry of Finance issued a circular, self-July 15, 2010, the cancellation of some steel products, pharmaceuticals, chemical products and other commodities of export tax rebate, a total of 406 kinds.

This isChina since the second half of 2008 dropped for the resumption of external demand increases export tax rebate policy, for the first time to reverse this policy adjustment.The single from the time point of view, from the Ministry of Commerce, stressed the import and export was less than half are still not optimistic, it was a panic to foreign Trade enterprises.

Commerceinsiders to accept," Chinese Times" said in an interview, for a variety of business concerns, conducting policy research ministries already have fully considered.

6 24, the Ministry of Commerce Finance Division is responsible for the first time for the people," China Times" reporter that the abolition of this tax rebate of 406 tariff lines, accounting for only about 3% of the total Haiguanshuihao; in 2009 the export of these products11 billion U.S. dollars, accounting for only 1% of total exports that year or so.Therefore, this adjustment is the fine-tuning the structure of export tax rebate rate, mainly to control the" high energy consumption, high pollution" exports, ensure" five" emission reduction targets," This adjustment does not mean that the national foreign trade policyTurn."

Chinese Academy of Social Sciences Research Office, revenue of Finance and Trade Bin interview with this reporter said:" From the early frequently raised the export rebate rate of some commodities, some of the goods to the abolition of the export tax rebate, so much more prominent policy control effortsdecision-makers to speed up industrial restructuring intentions."

Trade Deal

This time, the tax department has taken quickly on the export tax rebate policy adjustment.

According to the officialpublished the list of goods, most of the adjustments related to steel, silver powder, alcohol, corn (information, quotes) starch, pesticide, medicine, chemical products, plastic and products, rubber (information market) and the products, glass and products, and other industries,belong to the environment, energy consumption stressful" two highs and one owned" products.

in 2008and 2009 years, in response to the challenges of financial crisis, and promote export growth, export tax rebate policy could be contributed to raise the export tax rebate rate of 7 after 2009, China's exports declined only 16%; the same time, the export tax rebateamounted to 648.7 billion yuan, up 10.6% year on year.

This year,With the global economic recovery, the industry started out with the voice of the export tax rebate policy.Especially the first 5 months of this year, export value 1.10009 trillion U.S. dollars, up 44% of the cases, the sound began to grow.The voice was soon confirmed.

FinanceWang Jun, vice minister in May said:" insist on the 'two high a capital' product elimination of export tax rebate policy that bottom line does not relax, to optimize the export product mix, and promote the sustainable development of foreign trade."

While Previously already signs, butfrom the Ministry of Commerce, stressed at a press conference is still optimistic about export prospects for less than half the time, the cancellation of the news of some of the goods or the export tax rebate so many people by surprise.

adjust the structuredetermination

accidentunexpected return in the second half of the uncertain economic situation in case the state is still trotted out the" iron fist" tax policy, transfer structure determination is evident.

It is reported thatthe initial preparation of this policy, the relevant ministries on the adjustment of export policy differences do exist, the export tax rebate adjustment of the Ministry of Commerce worried too much and would have a greater destructive business, but apparently, high on the" two high and one owned" Export restrictions determined to very large.

" soefforts to highlight the major policy decision-making control even more the intention to speed up industrial restructuring." Zhang Bin said.

official datashow," Eleventh Five-Year" 4 years ago, the Chinese unit GDP energy consumption in China dropped 14.38% cumulative, which means China will achieve the" Eleventh Five-Year" by about 20% of the target is still very difficult.

anotherregard, this year due to China's power, steel, nonferrous metals, building materials, petrochemicals and other energy-intensive industries to speed up growth of six, a quarter of the national unit of GDP energy consumption in China increased by 3.2%, which further increased to achieve" 115" pressure energy reduction targets.

Binanalysis that the abolition of part of the iron and steel, chemical products," two high and one capital" goods for export tax rebates, is actually in the market economy, use economic means to increase the production costs of these enterprises, help to promote energy conservation and emission reduction, inhibition of excessproductivity, speed up industrial restructuring.

CommerceFinance Division also indicated that this adjustment will help promote the transformation of foreign trade development mode.Cancel the export tax rebate rate of some products, reflecting the state to accelerate industrial restructuring and the changing way of promoting the development of foreign trade policy intentions, help guide enterprises to optimize.

although underhalf of foreign trade is still faced with many uncertainties, but the export tax rebate policy can not always be the only straw corporate profits, foreign enterprises must go through the throes of industrial upgrading and restructuring." I believe some companies will overcome the temporary difficulties." Despite the frustration, the Ministry of Commerce is still made to encourage the enterprise.

regulatory directionconstant

Only words are not enough to encourage clear, only stable foreign trade policy to foreign trade enterprises can really feel at ease.

" thistimes the direction of policy adjustments and major according to eliminate backward production capacity in the direction of and this was also reduction of international trade friction of one kind of measure." Guo Jia Zhang Yansheng, director of Development and Reform Commission Foreign Jingji Yanjiu Suo told this reporter.

China InvestmentHan-Asian Association agrees.He said that the cancellation of export tax rebate of products, mostly high pollution, high energy-consuming products.Easy to see from this list, textile, electrical and mechanical and other big export tax rebate rate of export is not in the list of adjustments.

Statistics, The cancellation of tax rebate of 406 tariff lines, accounting for only about 3% total Haiguanshuihao; the export of these products in 2009 11 billion U.S. dollars, total exports of the year only about 1%.Therefore, the abolition of tax policy in the short term the market may have an impact, but will not result in a sharp decline in exports, not to change the existing foreign trade policy.

Commercelaboratory analysis, the export tax rebate rate and the export volume is not completely positive.If the second half of 2007 to curb exports, the relevant departments to delete 687 kinds of export tax rebates and tax of 5%, but exports has not declined significantly, but in August 2008 hit a record high; while the second half of 2009exports and gradually raise the price advantage also gradually appeared and the continuous improvement of international economic fundamentals are closely related.

the businesspeople within the Department, said this year the Ministry of Commerce will strive to maintain the continuity and stability of foreign policy, but to stabilize the existing Zhengce does not mean do not change the growth mode of foreign trade, but should strengthen the relevance and flexibility of policy focus should gradually shift to promoteup industrial upgrading; and adjust the export tax rebate of some products does not mean all, a small part of the adjustment for the impact of China's total import and export is controlled.

This articlereleased:China Trade Information (http://en.zgxu.com),Reprinted Please note Ming.