XIAMEN FIT IMPORT & EXPORT CO., LTD.

abolish tax rebate will promote industrial restructuring
click rate:3055 issue time:2007-03-06 04:35

 

More than a month ago, the government started to abolish the export tax rebate policy has made the stone industry in China go to pot. Chuansheng Zou, chairman of China Stone Industry Association, said recently that it intensified the Stone Industry Growing Pains. It is an unavoidable reality in the entire industry.


 For the purpose of protecting resources, the Ministry of Finance in 2006. Development and Reform Commission and other five departments jointly issued the "adjustment of some commodities on the export tax rebate rate and the value added processing trade ban Catalog, "which Stone products starting from December 14, 2006 was the elimination of export tax rebates.


This would enable the Chinese stone industry is facing unprecedented challenges. In an interview with reporters learned that the policy more than a month ago was kept almost stone industry voice. The leading domestic enterprises to set up offices in Shanghai, with annual sales of 800 million tower Star Stone 9 billion Yuan, At present, the company exports 40%. Manager Ruixia Guo said to the reporters, we are mainly coming from foreign buying of rough stone blocks and processing for export. equivalent to the abolition of the tax rebate for us to bear 13% of the direct costs, the profits must definitely be lowered.


 Chuansheng Zou told reporters that the current policy readjustment stone industry is the most serious one since the beginning of reform and opening test more than 80% of the products are subject to industry-wide impact, but we should also see the positive side of policy adjustments. "If we want to really make a strong role, we must adjust the stone industry upgrading, go deep-processing of high-value-added path.¡±