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    Chizhou'S Textile And Garment Industry Is Looking Forward To "Timely Rain".

    2008/8/11 16:16:00 47

    Export Tax Rebate For Textile And Garment Industry In Chizhou

    The Ministry of Finance and the State Administration of Taxation issued a notice recently announcing that the export tax rebate rate of some textiles and garments has been raised since August 1st this year, the first time since 2006 when the export tax rebate rate policy was lowered.

    How does this policy affect Chizhou's textile and garment industry?

    In this regard, the reporter conducted interviews.

    Burdens welcome good news

    "The export tax rebate rate has been raised. I am very happy."

    On the morning of August 3rd, I was informed that the adjustment of textile export tax rebate had been made by Chizhou Chengyu Trading Co., Ltd.

    And the head of the enterprise has the same mood. Recently, many Chizhou textile and garment enterprises showed excitement when interviewed by reporters.

    "This is good news, indicating that the relevant government departments are concerned about us, and also take into account the difficulties faced by the current enterprises."

    Yesterday afternoon, when the reporter interviewed him in charge of the Donghong County blue sky rainbow clothing company, he was on a business trip abroad. He was closely watching the policy adjustment. He was already considering the new business strategy of the company.

    Qingyang County Fangxing International Trade Co., Ltd. is responsible for the same feeling.

    He said that in general, the export tax rebate rate increased by 2 percentage points, and the profit of foreign trade enterprises is estimated to increase by 1 percentage points.

    In the current textile and clothing industry in the case of small profits, this is particularly valuable.

    According to him, the gross profit of textiles is now at 5%-6%, and the most 7%-8% is 10%.

    After deducting some expenses, the profit is very low.

    "The export tax rebate increases, the cost pressure of enterprises is relatively small, we can take a breath."

    Guichi District queens textile export company official said, because of costs, taxes and other pressures, they increased the export quotas of some garments in the second half of last year, which made it difficult for many foreign customers to accept, and to a certain extent, affected exports.

    "Overwinter" still has problems.

    However, for the small textile and garment enterprises in our city, they will still face the test of RMB appreciation, raw materials rising and labor price rising.

    Crude oil prices continued to rise in the international market since last year, reaching a record high of more than US $140 in the first half of this year.

    Due to the time lag effect of price pmission, the price of some textile raw materials did not show a substantial upward trend until the last 2 months.

    In June, the average price of imported raw materials for textile enterprises in Chizhou was at a record high.

    "At present, the problems of some textile enterprises are mainly due to the low level of industry, which leads to the expansion of raw material prices and the price rise of industrial products. The direct result is the reduction of corporate profits and the tight financing, which results in the weakening of" overwintering "capability of enterprises and the adjustment and sustainable development of enterprises.

    City Commerce Bureau official said.

    Actively seeking new ways to break through

    Since the beginning of this year, many textile and garment enterprises in Chizhou have adjusted their strategies and begun to explore the domestic market.

    Now their products began to appear in many supermarkets in the country and used their own brands.

    "Now the exchange rate is changing, or is the domestic market more stable?"

    A clothing company official told reporters that according to the market and cost analysis, his company chose a new road, the investment direction is Southeast Asian countries, one can solve the huge burden of rising costs, and second, it can also bypass trade barriers.

    "According to the analysis of relevant parties, financial institutions expect to tighten their money supply in the second half of this year, which will be a very negative factor for some capital chain's drying up and small and medium-sized textile and garment enterprises that need urgent funds to reorganize themselves. What's the effect of the policy on the vitality of the enterprises? It may be possible to see substantial reactions until the end of the year or early next year."

    The person in charge of the Commission told reporters.

    In the interview, the industry suggested that Chizhou textile and garment enterprises can consider the next step of development according to the actual situation of enterprises. Enterprises producing low-end products can consider turning from the European and American market to the Asian or African markets, and enterprises that produce end products can consider taking the road of brand development.

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