Shishi Footwear Exports Add New Chips

According to relevant information, from December 1st, China will further increase the export tax rebate rate of some labor-intensive products, including 3770 labor-intensive products, electromechanical products and other products.

The tax rebate rate of goods such as bags, shoes, hats, umbrellas, furniture, bedding, lamps and clocks and watches increased from 11%% to 13%%.

Over the past few days, many owners of Shishi shoe industry have applauded the policy of raising the export tax rebate rate third times this year.

It is learned that footwear products are also raising the scope of the export tax rebates. The owners of Shishi shoes believe that the good news will help the export of Shishi footwear products, and that they must make good use of the preferential policies offered by the state, and find the way out for the future pformation and development of enterprises at an early date.

For Shishi and Jinjiang, it is undoubtedly a great benefit to bring footwear products into the export tax rebate area.

It is understood that, affected by the foreign trade situation, the export situation of Shishi and Jinjiang footwear industry has been very optimistic this year.

Many people in the industry are still waiting to see whether the export tax rebate rate can save the struggling export enterprises.

Some owners believe that the adjustment of the export tax rebate rate is only a small part of the pressure faced by shoes and clothing enterprises. The continuous shrinking of global market demand is the fundamental reason. "Now, the export tax rebate rate callback is not decisive for enterprises. The key is how to take further measures to develop further under the favorable policies."

"The callback rate of footwear products will help to enhance the competitive advantage of domestic export shoe enterprises and help them win in the competition with neighboring countries' foreign trade enterprises."

Shishi, a brand casual shoe enterprise, believes that the tax rebate rate will increase competition chips for domestic footwear export enterprises.

The export of India, Vietnam and other countries is also dominated by the European and American markets. It is the competitor of our export enterprises. The domestic enterprises have always been weaker than those neighboring countries in terms of labor cost.

Mr. Xu, a children's shoe company in Shishi Shi, said that after the export tax rebate was raised, the pressure on the increase of export enterprises' production costs has eased. To a certain extent, the financial pressure of the export enterprises can be lighten. But Shishi shoe industry, especially the export footwear enterprises, should enhance their own competitive power, and make good use of this buffer period to speed up the adjustment and upgrading of the industrial structure.

The increase in the value of export tax rebates has turned into a liquidity fund within the enterprise. This undoubtedly relieves the shoe companies that have been tightening their cash flow.

According to the introduction, after the development in recent years and the "ebb tide", many shoe companies in Shishi entered the "brand era" ahead of schedule. The adjustment of export tax rebate can help enterprises get rid of difficulties. At the same time, the policy relaxed for some export enterprises to win the time from outward to inward.