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The Ministry of Finance recently announced that starting from July 15th, it will include steel, non-ferrous metal processing materials, silver powder, alcohol, corn starch, pesticides, pharmaceuticals, chemical products, plastics and products, rubber and products, glass and products. The export tax rebate for 406 tax items will be cancelled.
This reporter learned that as early as the end of last year, the National Commerce Work Conference, the Ministry of Commerce proposed to study the export policy of 'two high and one capital' products. Later, Yang Tiesheng, deputy director of the Department of Energy Conservation and Comprehensive Utilization of the Ministry of Industry and Information Technology, also disclosed that relevant ministries and commissions are studying and proposing policies and measures to limit the export of 'two high and one capital' industry products, and controlling the export of products of the 'two high and one capital' industry, restraining them Market demand.
Although the policy of restricting the tax rebates for exports of 'two high and one capital' products has long been anticipated, the large degree of change in this policy has exceeded market expectations.
Does this 'over-expectation' adjustment affect the growth of foreign trade recovery? In this regard, the person in charge of the Finance Department of the Ministry of Commerce stated that because tax refunds and export revenues for products subject to tax rebates are not high, they will not result in a sharp drop in exports and will not change the overall situation of foreign trade development. In the long term, there will be It is conducive to the transformation of the development mode of foreign trade.
The above-mentioned person in charge said that this adjustment is only to ensure the realization of energy-saving and emission-reduction goals, does not mean that the country's foreign trade policy is turned, does not represent the 'exit' of foreign trade policy. The main focus of foreign trade work in 2010 is 'to expand the market, adjust the structure, promote balance', and to maintain the continuity and stability of foreign demand policies, will be the focus of the work of the year. In the next step, the Ministry of Commerce will continue to improve the export tax rebate rate structure according to the foreign trade export situation, strive to maintain the continuous stability of the export tax rebate policy, and strive to create a relatively stable policy environment for the development of foreign trade.
'Adjustment will help promote the transformation of foreign trade development. According to the above-mentioned person in charge, canceling the export tax rebate rate of some products reflects the country’s policy intention of accelerating industrial restructuring and promoting the transformation of foreign trade development methods, which will help guide enterprises to optimize product structure and improve the quality and grade of export products; The degree of processing, promotion of low-carbon emissions, energy-saving and environmentally friendly product exports. In fact, the intention of the export tax rebate adjustment is 'energy saving and emission reduction' is very obvious. According to reports, the energy consumption per unit of GDP in the first four years of the “Eleventh Five-Year Plan†has decreased by 14.38%, but it is far from the target of energy saving and consumption reduction in the “Eleventh Five-Year Plan†period. As the year of the decisive battle to achieve the “Eleventh Five-Year†energy-saving and emission reduction target, the completion of the emission reduction task in all aspects through various means will undoubtedly become the direction for all ministries and commissions to work together.
Ministry of Commerce: Canceling tax rebates for some commodities does not mean that foreign trade policy is turning
Regarding the evacuation of 406 tax and merchandise export tax rebates, the head of the Finance Department of the Ministry of Commerce stated in an interview on the 24th that the 406 tax numbers for this tax refund cancellation accounted for only about 3% of the total number of customs tax invoices in 2009. The above-mentioned products achieved exports of 11 billion U.S. dollars, accounting for only about 1% of the total exports of the year. Cancellation of its export tax rebates may affect the market in the short term, but it should not cause a sharp decline in exports and will not change the overall situation of foreign trade development.