Analysis Of Japan's Preferential Tariff System For Import Textiles Modification

from Qingdao Customs It is learned that the Ministry of finance of Japan is preparing to revise imported products for developing countries. Preferential tariff system It intends to reduce the preferential tax rate from 20% to 10% - 15%, and is scheduled to be formally implemented in April 2011.

The author understands that the Japanese preferential tariff is 5 billion 500 million yen, of which about 20% is used by our country. Tariff changes will further enhance the export price of Japanese textile and clothing and reduce the competitiveness of Chinese products in the Japanese market.

"At present, there are as many as thousands of textile enterprises, and Japan has always been Textile and clothing export The first big market. " Liu Yongsheng, deputy director of Industry Management Office of Shandong textile industry office, introduced. Qingdao customs statistics show that in the first 8 months of this year, Shandong ports exported 2 billion 820 million US dollars of textile and apparel to Japan, accounting for 24.3% of the total value of textile and garment exports over the same period. This means that on average, four pieces of textile and clothing exported to Shandong are sold to Japan.

In response to the revision of preferential duties in Japan, Qi Xueyong, director of the foreign trade department of the Provincial Department of Commerce, said: "this proposal is still in the process of planning, because there is no formal implementation, and the scope and type of things are not easy to say. It is difficult to judge the impact of Shandong textile enterprises."

Liu Yongsheng told me that compared with Japan's revised preferential tariff, the rising cost of raw materials and labor is more difficult for textile enterprises to cope with.

Cotton prices have been rising since October 2009, rising 37% in the first half of this year, and domestic cotton prices are approaching the highest level in 15 years. Meanwhile, the national minimum wage standard has increased by 12% this year, and the labor cost of Shandong textile enterprises has increased by 20% over the previous year.