Footwear Exports Decline Overall Change In Foreign Trade Policy

Guangdong enterprises received two items last year. Exit The impact of the policy is particularly prominent, but some enterprises have begun to turn to the domestic market. The picture shows Huabao under the Huajian group of Dongguan. footwear industry Limited production scene. Ministry of Commerce experts say, though policy It has relaxed the space for export enterprises, but the external environment is still forcing the enterprises to adjust their own initiative. Upgrading and transformation

　　 Ministry of Commerce At the end of last week, the General Administration of Customs jointly issued a notice with the General Administration of Customs to suspend the "real transfer" policy for processing trade restricted margin accounts. At this point, including the recent increase in exports Tax rebate rate To reduce export tariffs and special export tariffs, a number of foreign trade policies introduced last year have almost all been "callback". The reasons given by the Ministry of commerce are: in order to actively cope with the financial crisis, alleviate the financial pressure of processing trade enterprises and maintain stable growth of foreign trade.

　　 Last year's policy adjustment had its effect.

In July 1, 2007, China lowered 2831 commodities. Export tax rebate In August of that year, the bank margin account was implemented in the processing trade of restricted commodities. The so-called "real turn", that is, before the enterprise with processing trade manual to apply for imported raw materials, do not pay import duties and value-added tax. However, it is necessary to deposit a deposit in the bank account designated by the customs with the amount of import duty and value added tax, and be returned by the Customs after the cancellation of the export. Nowadays, most enterprises do not have to pay the deposit in real terms, which is called "idling".

The total number of export products and imported textile products in the processing trade restriction catalogue amounts to 2125 ten digit commodity codes, accounting for 95% of the total number of goods restricted by processing trade. These commodities exported 30 billion US dollars in processing trade in 2007 and US $4 billion. According to estimates, the "real turn" back to "idling" will help businesses reduce youth funds about 18 billion 500 million yuan. In terms of export tax rebate, the relevant departments have recently increased three times. Tax rebate rate The outside world has been circulating. Textile and clothing The export rebate rate of products will be raised to 17%.

"At present, these policies have been callback, which can not be overcorrected at that time," a senior expert from the Ministry of Commerce of the Ministry of Commerce told the first financial daily. "The policy effect introduced last year is good. It controls the surplus of foreign trade and does not lead to a sharp decline in exports. It has adjusted the structure of foreign trade and promoted the growth of exports in the central and western regions."

　　 It is not too late to save the export.

A Ministry of Commerce told a newspaper reporter: "in fact, the Ministry of Commerce has always advocated maintaining 17% of the tax rebate rate unchanged, but because of the particularity of China's foreign trade, tax rebate has become a policy tool." In the world, almost all countries regard export tax rebate as a neutral trade policy and carry out "full retreat" to avoid double taxation of goods in exporting countries and importing countries.

And the above Ministry of Commerce People told our correspondent that it is not too late to "rescue" the exports. Some policies were originally prepared to be released early next year, but the external situation has been very bad now, and can not wait until the export falls to the danger. Another question is that China's foreign trade surplus is still very high. Why do we need to make a policy callback?

He said that on the one hand, when the surplus was high last year, no one thought that the subprime crisis would develop to the present situation. The US economy continued to grow in the second half of last year; on the other hand, it is necessary to give enough confidence to those surviving foreign trade processing enterprises.

　　 Welcome to Guangdong Enterprises

　　 So how do companies view such a callback?

Last year, reducing the export tax rebate rate for 2831 commodities and implementing the "real turn" management of margin accounts were particularly important for Guangdong, the country's largest foreign trade province and processing trade volume accounting for more than 40% of the total volume of processing trade. As a result, the export power of Guangdong's processing trade is obviously insufficient this year. In 1~10 months, the export volume of 220 billion 600 million US dollars increased by 11.1% compared with the same period last year, an increase of 1.9 percentage points lower than that of Guangdong's overall export growth in the same period, which is 3.6 percentage points lower than that of the national processing trade export growth in the same period. Among them, Guangdong's processing trade exported 24 billion 120 million US dollars in October, an increase of only 3.6%, the lowest in every month since the beginning of this year.

Wu Zhenchang, chairman of Chuangxin shoes industry in Panyu, Guangzhou, said to our reporter: "because we belong to the enterprises that are supervised by the processing trade network, so with the help of Guangzhou customs, we have managed to postpone the implementation of the margin account for a year before" real turn ". In fact, the impact is not too great. But last year, the export tax rebate rate of shoes products dropped from 13% to 11%, which has been exported to us for so many years. shoes For hundreds of millions of dollars, businesses still have more capital pressure, so they spend more than 4 million yuan a month.

From December 1st this year, Shoe production The export rebate rate of the products will be raised to 13% again, and the "real turn" of the margin account will also be suspended. Wu Zhenchang believes that under the current export situation is more severe, these will help to reduce the cost pressure of export enterprises. He hoped that the government's macroeconomic regulation and control policies should be stable. We should carefully consider the affordability and long-term planning of the enterprises. Cheng Weilun, chairman of Hong Kong merchants and Dongguan Tian Ji Wood Industry Co., Ltd., also welcomed the suspension of the "real transfer" policy, which he believed could boost exports to a certain extent.

Last year's two policies also had a certain impact on the production of wooden furniture and toys in the space-based wood industry. Cheng Weilun said that under his influence, he quickly reduced the production scale by half, and reduced the number of employees from more than 800 to 400. Despite the policy pullback, he said there was no plan to restore production scale for the time being, given the uncertainty of the international market.

　　 The government still encourages enterprises to upgrade and transform.

The Southeast Asian financial crisis in 1997 hit China's exports. China raised the export rebate rate in 1998, from 3%, 6% and 9% to 5%, 13%, 15% and 17% four, which played a significant role in stabilizing foreign trade.

Some enterprises believe that the current export situation is more severe than before. It is still to be observed that a series of policies that are being promulgated will play a big role. As the export policy tightened last year, some enterprises voluntarily abandoned part of the order. Now, though "loosening up", under the current global economic downturn, it is not easy to get the orders back.

The Ministry of commerce also revealed that with the development of value-added tax reform in the future, the export tax rebate policy will also change. Although it seems that the policy callbacks are immediate, the role of export tax rebate as a policy tool will become weaker and weaker in the future.

"Even if there is room for policy now, the external environment is not good enough to force enterprises to take the initiative to adjust, and the goal of the government is also to hope that enterprises can upgrade and transform." The experts from the Ministry of Commerce explained that after last year's two policies, enterprises shifted to the domestic market, turned to the service industry, and reduced some excess capacity, which reduced their current difficulties, so the enterprises that survived today should be good.

Editor: vivi