Export Textile Enterprises: Firmly Believe That After Dark Is Dawn.

Since August 1st, the export tax rebate rate of most textile and clothing has been formally raised, and the measures taken by the state to ease the difficulties of textile enterprises have been officially opened.

There are indications that in the next six months, the government will introduce some preferential policies in succession to help SMEs overcome the difficult times, which may involve moderate easing of credit, moderate appreciation of the renminbi, structural adjustment of export tax rebates, the "high and low deduction" of cotton spinning value-added tax, the "two machine" import tax exemption, and the stable and flexible processing trade system.

In August 1st, the good rumors finally came true. For textile and garment enterprises, it is no doubt that it has been a long drought.

Although the debate on the relationship between tax rebate and industrial upgrading has not stopped, the 2% increase is not enough to quench thirst, but most enterprises have shown positive emotions, because the symbolic significance of the tax rebate increase is more practical than that. The subsequent rescue measures will be worth looking forward to.

Export growth has dropped substantially.

Last year when textile exports fell from high growth, the whole industry kept shouting "winter". Over a year passed, but there was no sign of winter.

Recently, the head of the SME division of the NDRC revealed that in the first half of this year, more than 6.7 small and medium-sized enterprises went bankrupt, of which more than 1 small and medium-sized textile enterprises went bankrupt, and 2/3's textile enterprises were faced with restructuring.

"The export downturn is serious, the cost is rising and the external demand is weakening. The negative growth phenomenon of textile export growth is becoming increasingly severe."

First textile network analyst Wang Jin Qian said recently.

Customs statistics show that in 1~7 months, the total export volume of textiles and clothing reached US $100 billion 360 million, up 7.67% compared with the same period last year.

The export of textiles and clothing is showing a clear departure.

Wang Qianjin believes that if we take into account the aggravation of the renminbi's "rise and fall" in the past year, and then eliminate the price impact factors brought about by inflation, the final "real" export growth rate will be quite serious.

It is worrying that the US economy is still in the doldrums, the EU and Japan are slow to grow, and the unemployment rate is rising. At the same time, it is worth noting that the decline of the national standard of living in the emerging market countries will affect the external demand of exports.

Under the joint action of many uncertain factors, the next stage of textile export situation needs to be further sober.

"Industry pformation, survival of the fittest is an inevitable trend, but this does not mean that in a very short period of time, the whole industry will be severely strenuous.

Zhejiang Kai Xie Ya international Limited by Share Ltd responsible person in an interview with reporters.

The official admitted that the export tax rebate rate callback is a timely relief, but the rate of increase is far below the general expectations of the previous market, which is a drop in the bucket for textile companies both inside and outside.

During the interview, many people reflected that the dividend policy generated by the increase in the export tax rebate rate could not be fully enjoyed by the spinning enterprises.

Due to the low bargaining power of enterprises, about half of the tax rebate increase will be taken away by foreign businessmen.

Guo Jin Securities researcher Zhang Bin said that the export tax rebate rate raised to 13% has a stimulating effect on exports, but the effect is not obvious, the effect will be reflected in October or so.

Insiders said that under the backdrop of the global economic recession, it is necessary for the state to make timely adjustments to the policies and make timely adjustments in terms of credit and Taxation so as to enable enterprises to recuperate and survive the cold winter of the global economy.

Whether or not dawn is worth waiting for "in fact, the heavy pressure brought by the rapid appreciation of RMB and the deterioration of the foreign trade environment on China's export textile enterprises has attracted the attention of the central government and relevant departments.

It can be said that since August 1st, the export rebate rate of most textiles and garments has been raised, and the RMB exchange rate against the US dollar has fallen down rarely since the end of July, which has officially opened the prelude to the measures taken by the state to ease the difficulties of textile enterprises.

Wang Qian said.

Since the second half of last year, the difficulty of financing and the rising cost of financing caused by tight money have become one of the most important factors that puzzle the normal operation of textile enterprises.

Timely adjustment of credit structure and moderate loosening of money has become one of the main prescriptions for many small and medium enterprises to overcome difficulties in and outside the industry.

There are many indications that although macroeconomic regulation continues, local loosening has emerged.

In July, the central leadership conducted intensive research on the operating conditions of enterprises in various parts of the country.

Entering the August, the relevant policies were very clear.

The national development and Reform Commission is currently studying the establishment of a "National SME bank" with relevant departments.

Recently, there were also reports that the central bank allowed the credit line to increase by 5% this year to support agriculture and small and medium-sized enterprises.

However, some people say that in order to solve the financing difficulties of small and medium-sized enterprises, we should focus on improving the credit guarantee system of enterprises, relax the relevant policies of equity financing for SMEs, and broaden their equity financing channels.

Otherwise, even if credit is relaxed, SMEs will be unable to borrow money.

"This year cotton textile business is extremely difficult, the pressure of tax burden is" the culprit ".

It is hoped that the government will soon resolve the contradiction between cotton textile enterprises' urgent need for policy support and unfair treatment on value-added tax, and free cotton spinning enterprises from the tax of high taxes and low taxes.

Wang Guogang, general manager of Hangzhou Zhonghui Cotton Textile Co., Ltd. appealed.

Wang said that there are basically three ways to solve the problem of high value-added tax and low deduction: first, restore the applicable tax rate of value-added tax on cotton and other agricultural products to 17%; two, reduce the sales tax rate of cotton spinning enterprises to 13%; three, impose a low levy on the high and low taxes, which is universally recognized by the industry.

According to the relevant personage of China Textile Industry Association, the "two machine" (automatic winder and air-jet loom) has stopped implementing the import tax exemption policy. The China Textile Association has written to the relevant departments of the state. It suggests that the "two tax" policy should be given to the import "two aircraft" during the "11th Five-Year" period.

The industry believes that this policy is likely to be introduced in the near future.

Recently, officials from the Ministry of Commerce went to Guangdong to investigate and aroused widespread concern in the industry.

It has been reported that the processing trade enterprises are the group concerned by decision-makers.

Zhang Bin believes that the general direction of the adjustment of the processing trade policy is indisputable. However, when the whole trade is in a difficult situation, it is necessary to examine the adjustment policy of processing trade. For example, according to the realistic problems faced by the industry, according to the basic principles of maintaining the pressure, it can be more flexible and practical in the specific operation of the margin, and even consider the reduction or exemption of the margin for the enterprises with high credit.

"We firmly believe that after the dark is the dawn," Wang said. "In the next six months, the government will introduce some preferential policies to help the textile industry, especially the small and medium enterprises, to tide over the hard times."