The Ministry of Finance and the State Administration of Taxation jointly issued a notice on June 22, saying that with the approval of the State Council, export tax rebates for some commodities will be cancelled from July 15, 2010
this adjustment has little impact on the industry
according to the notice, for the "two high and one capital" products, the export tax rebate policy adjustment involves six categories of goods, among which glass and products mainly include float glass, calendered glass and other products with low added value and high energy consumption, while tempered glass, laminated glass, automotive glass, hollow glass, hollow glass brick, conductive glass The export tax rebate rate of processed glass with high added value such as liquid crystal glass substrates remains at 13%. With regard to the adjustment of the export tax rebate, China construction glass and Industrial Glass Association pointed out that the cancellation of the export tax rebate of some glass and products has little impact on the glass industry
other types of cancellation of export tax rebates also include some steel, some non-ferrous metal processing materials, silver powder, alcohol, corn starch, some pesticides, pharmaceuticals, chemical products, as well as some plastics and products, rubber and products, involving 406 tax numbers
the method of inserting small iron sheets at the bottom of the main body is used to adjust and encourage the export of processed glass
at present, China's main export-oriented enterprises processing glass are among the top backbone enterprises in the industry, and they have a high level in production technology and equipment, investment scale, technology and management level, product quality and so on. The Glass Association said that processed glass is different from flat glass. It is a product with high technology content, high added value and great contribution to society. The reduction of export tax rebate rate will weaken the international market competitiveness of these enterprises, resulting in an increase in value-added tax burden, a decrease in profits and a corresponding reduction in income tax, which is not conducive to the development of the processed glass industry in the long run
in view of this, the glass association made various efforts to timely reflect and communicate the situation to the relevant government departments, and put forward suggestions to restore the export tax rebate rate of deep-processing glass to the corresponding level. On November 1st, 2008, the state appropriately raised the export tax rebate rate of some labor-intensive, high-tech and high value-added commodities, including increasing the export tax rebate rate of processed glass from the original 5% to 11%. However, affected by the rapid changes in the international and domestic economic situation, in the second half of 2008 and the beginning of 2009, some glass processing and production enterprises were in the state of shutdown or semi shutdown, and the operating rate of glass processing was less than 50%. At the same time, the overall level of glass processing in China still needs to be improved, especially the proportion of deep processed glass in flat glass (i.e. the processing rate) is low. At present, China is close to 30%, while developed countries have reached 65% - 85%, The glass association once again reported and communicated the situation through various channels, and proposed to continue to raise the export tax rebate rate of deeply processed glass
on June 1st, 2009, in order to cope with the serious challenges brought by the financial crisis to exports, the state raised the export tax rebate rate of some commodities again, and the corresponding products involved more than 2600 tax number commodities in China's advantageous products, labor-intensive products, high-tech products and deep-processing products. The glass processing products involved in this adjustment include the main products of glass processing, such as tempered glass, laminated glass, hollow glass, hollow glass brick, quartz glass, conductive glass, liquid crystal glass substrate, etc., and the export tax rebate rate is increased to 13%
cancel the export tax rebate of flat glass
on July 1, 2007, the state reduced the export tax rebate rate of flat glass and processed glass, and flat glass was reduced from 11% to 5%
before 2008, China's flat glass exports showed a sharp growth trend, with an average annual increase of 26%. After 2008, due to the impact of the international financial crisis, exports declined, and the export amount of flat glass in 2009 was 5. $1.2 billion. Although over the years, China has a certain foundation in the world glass market, and its products have covered more than 100 countries and regions, the overall average price of flat glass in China is only about 1/2 of the market price in developed countries, and the price advantage is obvious. The Glass Association believes that although the state cancels the export tax rebate of 5% for flat glass, it has little impact on exports, and China will remain a major exporter of glass in the future
is not a comprehensive shift in trade policy.
export tax rebate is mainly to balance the tax burden of domestic products by refunding the domestic tax payment of exported goods, so that domestic products can enter the international market at a tax free cost and compete with foreign products under the same conditions, so as to enhance competitiveness and expand export earnings. After three years, the Ministry of Finance lowered the export tax rebate again. In this regard, experts pointed out that this policy adjustment does not mean a comprehensive change in China's foreign trade policy, but a very prudent and limited adjustment, mainly to deal with the realization of energy conservation and emission reduction goals and reduce international trade frictions
"the 406 tariff lines of goods involved in this policy adjustment are roughly equivalent to 1/6 of the adjustment of the export tax rebate policy in 2007. This shows that this policy adjustment is a very prudent and limited adjustment." The relevant person in charge of the Foreign Economic Research Institute of the national development and Reform Commission pointed out. The person in charge said that the cancellation of the export tax rebate policy for some products, that is to say, the selection of the corresponding scale and pendulum, is actually a policy adjustment for the global financial crisis to fall behind, and the country continues to promote the transformation of the mode of economic development. The obvious feature of this adjustment is that the adjustment intensity is smaller than before the crisis
since November, 2009, China's import and export have continued to grow for seven months. On the basis of falling to the bottom in the same period last May, a relatively large recovery growth was achieved in May this year. Compared with January to May 2008 before the financial crisis, imports and exports, exports and imports increased by 8. 5%、4。 0% and with the increase of temperature 13. 6%。 "The major direction of this policy adjustment is to eliminate backward production capacity. At the same time, it is also a measure to reduce international trade frictions. Enterprises should respond to this adjustment while realizing transformation and upgrading, innovating products, eliminating backward production capacity, and improving product added value." The person in charge said
boost the scientific development of the industry
after the Ministry of Finance issued a notice on canceling the export tax rebate of some commodities, many enterprises will call the glass association to inquire about relevant matters. The Glass Association said that the regulation was mainly aimed at some products with high pollution and high energy consumption, and float glass and quartz glass, the mainstream products, would be affected to a certain extent. At the national energy-saving Video Conference on converting 2G absolute dry pulp into pulp volume emission reduction held in early May this year, the State Council clearly proposed that we should do a good job in energy conservation and emission reduction, ensure the realization of the "Eleventh Five Year Plan" energy conservation and emission reduction goals, and cancel the export tax rebates of some steel, chemical products, flat glass and other "two high" products. In fact, this move is to increase the production costs of these enterprises by economic means under the conditions of market economy, which will help promote energy conservation and emission reduction, curb excess capacity, and speed up the adjustment of industrial structure
although this adjustment will have some impact on exports in the short term and weaken the price competitive advantage of enterprises, in the long run, the cancellation of export tax rebates for some glass and products is conducive to the glass industry to promote industrial restructuring, change the mode of economic development, curb overcapacity and repeated construction, and guide and allocate limited factor resources to optimize the stock and cultivate new growth points, It will help promote the scientific and sustainable development of the glass industry
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