in announced the cancellation of some steel products export tax rebates, China's foreign trade policy into the spotlight, speculation that foreign tradefrequent sound policy shift.Responsible official of the Ministry of Commerce, said yesterday the realignment does not mean that foreign policy shift, it does not mean foreign trade policy" exit" to maintain continuity and stability of foreign demand, policy priorities throughout the year," Cancel the export tax rebate for some products is limited 'energy-intensive, highly polluting 'exports, ensure that' Eleventh Five 'achieve energy reduction targets will not be a recovery in external trade barriers." SAT's position is more" affordable" , will improve the export tax rebate, income tax, business tax policy, increase policy support, encourage enterprises to" go."

experts generallythat the cancellation of some steel products from the export tax rebate to the two departments to tighten the trade policy stance does not reflect the policy of differential treatment, indicating that China eliminate backward production capacity, enhance energy conservation, while every effort to ensure a stable foreign trade policythe direction of change.

elimination of exportrebate suspected Policy callback

Commerce: trade policy does not shift

Recently, the Ministry of Finance, State Administration of Taxation issued a notice of cancellation of part of the steel, non-ferrous metal processing and other six categories of 406 tariff lines of export tax rebates.This policy change caused by the strong market reaction, iron and steel industry suffered combat high energy consumption, more view, this is an international financial crisis, China's foreign trade policy since the outbreak of the first callback.

this, head of Finance Division, Ministry of Commerce, said yesterday that this adjustment is the fine-tuning the export tax rebate rate structure, primarily to control the" high energy consumption, high pollution" exports, ensure" five" emission reduction targets will nothave a big impact on exports, the long term help to promote foreign trade development mode." This does not mean turning the national foreign trade policy, trade policy does not mean 'out', I believe some companies will overcome the temporary difficulties."

In fact, the export tax rebate cancellation on the impact of China's foreign trade is not as outsiders think so big, statistics showThe abolition of tax rebates 406 tariff lines, accounting for only about 3% of the total Haiguanshuihao; in 2009 the export of these products 11 billion U.S. dollars, China's total exports that year only about 1%.

above chargewere admitted, cancellation refund policy in the short term the market may have an impact, but will not result in a sharp decline in exports, will not change the overall situation of foreign trade, the next step will be based on export situation, continue to improve its export tax rebate rate structurestrive to maintain the export tax rebate policy of continuous and stable." This year the main focus of Chinese foreign trade is 'expanding market, adjusting structure, promoting a balance', to maintain the continuity of foreign policy and the stability required will be the focus of the work throughout the year."

discrimination

SAT: Support quality enterprises" going out"

does not support the" highenergy consumption, high pollution" exports, but China's support for quality companies" going global" policy has not changed.Treated differently, as obvious features overwhelmed by policy adjustments.

yesterday,SAT published on its website," do a better job on" going out" corporate tax services and management advice" (hereinafter" Opinion" ), clearly stated, will improve the enterprise export tax rebate policies concerning foreign investment and increase foreigninvestment policy support to enterprises, according to tax law and the" Ministry of State Administration of Taxation on corporate income tax credit issues outside of the notice" provisions of the foreign enterprise income tax for foreign credits.

To addressForeign investment enterprises involved in the personal income tax and business tax issues," Opinions" also clearly will improve the personal income tax and business tax policy, according to the characteristics of enterprises to provide services outside of, study and perfect the business tax policy, to avoid double taxation.

have to maintainPressure

experts: whether the core technology is the key

" to encourage domestic enterprises 'going out' is the long-term support for the direction, policies that the relevant departments will continue to encourage competitive enterprises to develop abroad, foreign trade policy tightening is only for part of the industry." in the Department of Commerce InternationalInstitute of Foreign Trade and Economic Cooperation Deputy Director of Research Department of Jin Bosong view, improved export tax rebates, encourage enterprises to" go out" of tax incentives and some of the previously announced cancellation of export tax rebate policy is contradictory.

" before and afterpolicy issue that does not encourage exports, does not mean to discourage exports of all products, competitive strength and core technology products, policies will continue to encourage its exports." said Jin Bosong.

He believes thatthe abolition of export tax rebates only for high-energy, low value-added export industries," capital growth, expand domestic demand, the structure does not change direction, pressing 'high energy consumption, high pollution' enterprise development, while encouraging innovation, corecompetitive enterprises to enter overseas markets, reflects the need to adjust economic structure."

thisChinese Academy of Social Sciences Institute of World Economics and Politics Song Hong International Trade Research Office, agreed," Tax policy is a wind vane, first cancel the export tax rebate of some products out out a number of backward production capacity, and through tax exemption, tax reduction policy to promote innovativeability of enterprises to develop abroad, reflects the policy of differential treatment."

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