Export tax rebates to follow

Yesterday, the ministry of commerce's website the foreign trade development "1025" planning "(called" planning "), the total import and export volume again with an average annual growth rate target to 10% lower.

Specifically, in 2015, the total amount of foreign trade import and export to about $4.8 trillion, and mechanical and electrical products import and export total about $2.5 trillion.

In the tenth-five period, total import and export volume of the actual speed with an average annual growth rate is 24%. In 2006, in the establishment of "business development of the eleventh five-year plan for", the ministry of commerce will ever also adjusted for 10% average annual growth target, but, in the "eleventh five-year plan" period, import and export actual average annual growth of 15.9%, among them, 15.7% export, import 16.1%.

10% : compared with the actual

Foreign economic and trade university ZhaoZhongXiu vice President for the first financial daily (the Po) "reporter pointed out that, in fact, and a five year plan, compared to the" programming "and not much new, but there are some deal with short-term solutions to problems.

ZhaoZhongXiu think, for 10% of the growth prospects in the short run, to achieve this goal, or more stressful, because China for export parts can control factors is not much. And from the entire five years to see that the goal is more in line with practice.

China's ministry of commerce minister Chen deming also in this year to the media sessions, points out that the foreign trade growth expected this year to 10%, it is considered in the changes of the market and international various elements of the cost after rising, proposed the lower growth target. Chen deming think, export growth may be a bit lower than 10%, imports would a little higher, achieve 10% of the growth target is difficult, but it is also has hope.

Export tax rebates "to follow"

It is worth noting that, "planning" has been very popular in the attention at home and abroad in the "export tax rebates" field, more clearly pointed out the keep export drawback policy stability, perfect the export tax rebate system, timely and accurate tax refund. At the same time, to promote the export tax rebates sharing mechanism reform.

ZhaoZhongXiu to our reporter explained, China's export tax rebate system of taxation management, is always trailed behind. Compared with the foreign enterprise, Chinese foreign trade enterprise in before the final on export not only consumption tax, also levied VAT, for in the international market has a comparatively fair competition environment, the Chinese government will link the return to enterprise, is called "export tax rebates".

In the past, the export tax rebate rate as a kind of regulation of export growth tools were used, and implement first levied back way, such as one in hunan production factory, first in hunan taxed from VAT and consumption tax eventually, through to Shanghai port exports, except by the central return 92.5% of export tax rebates besides, Shanghai local governments also need to assume the export tax rebates of 7.5%.

ZhaoZhongXiu says: "the return of the collection and the process involves two places, chaos, often for a year or so, is actually no cost money diverted to the enterprise, especially for the funds more nervous of small and medium-sized foreign trade enterprise, especially big influence."

ZhaoZhongXiu suggest, to export tax rebates "to follow", as a long-term foreign trade policy to stick to it.

Exchange rate policy still faces game

Concerning the improvement of foreign financial policy, "planning" point out: "further improve the RMB exchange rate mechanism, keep the RMB exchange rate in reasonable basic stability of the equilibrium level." In a sizable portion of expert opinion, this shows that, in the exchange rate of foreign economic policy areas, and still faces macroeconomic policy between departments game

ZhaoZhongXiu to reporter pointed out that in the formation mechanism of exchange rate reform concrete problems, between departments is controersial. The key lies in the exchange rate is decided by the overall economy, or external economic decision; Is focus on the import and export of short-term exchange rate fluctuations on the influence of the order, or focus is on the whole exchange rate policy on macro economic impact. In the long term, this kind of systemic risk, it is not simple to lock, can only go step by step.

In fact, quite a number of foreign trade enterprise also began a series of exchange rate from the central bank in the reform measures smell the breath. The world's largest insurance powder production factory and the largest exporter of insurance powder willow group guangdong China chemical Co., LTD. Sales vice manager to our reporter YangXiaoChuan pointed out, from exchange rate fluctuations for the influence of foreign trade enterprise, it is important to, the enterprise must set out to the risk of exchange rate fluctuations accumulation management experience.

"So for the foreign trade companies, the yuan reform for every a settlement of exchange won't have too big effect, and in the short term, because of the economic situation is not so good, the yuan is very likely to be some value. But from the one-year terms, we will exchange management enterprise, if can, can earn about 2 million RMB, if management is bad, will be a deficit of 2 million yuan." YangXiaoChuan said, "in the long run, exchange rate would have to let go, gradually towards marketization, enterprise must also began gradually adapt to, so that build up enough knowledge, experience, and the use of financial tools ability."