The most popular adjustment of export tax rebate r

2022-07-30
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Adjusting the export tax rebate rate is conducive to the export growth of mechanical products

adjusting the export tax rebate rate is conducive to the export growth of mechanical products

China Construction Machinery Information

Guide: following the adjustment of China's export tax rebate rate in 2003, the State Administration of Taxation again adjusted the export tax rebate rate of export products this month. First, the maintenance of main non-metallic mineral products, coal, natural gas and youkesichuang polyurethane materials during parking: the maintenance shall be carried out when the experimental machine is stopped, sealed and changed, mainly including cleaning, corrosion prevention, moisture resistance, etc Avoid sun exposure and rain The inventory machinery shall be maintained by the asset management department, and the remaining machinery shall be maintained by the user department Solar aircraft color metal and waste metal ceramics, 25 kinds of pesticides and intermediates, cork products, some wood

following the adjustment of China's export tax rebate rate in 2003, the State Administration of Taxation again adjusted the export tax rebate rate of export products this month. The first is to cancel the export tax rebate policy for the main non-metallic mineral products, coal, natural gas, non-ferrous metals, waste and other metal ceramics, 25 kinds of pesticides and intermediates, cork products, some primary wood products, etc; Second, the export tax rebate rate of 142 tax codes was reduced from 11% to 8%, the export tax rebate rate of cement and glass was reduced from 13% to 8% and 11% respectively, and the export tax rebate rate of textiles and individual wood products was reduced from 13% to 11%; Third, the export tax rebate rate will be increased from 13% to 17% for major technical equipment, some IT products and biomedical products, and some high-tech products encouraged by national industrial policies; For some processed products with agricultural products as raw materials, the export tax rebate rate will be increased from 5% or 11% to 13%

export products upgrade from raw materials to processed products

the adjustment of the export tax rebate rate has obvious tendency. The products that reduce the export tax rebate are mainly raw materials and resource products, while the products that increase the tax rebate rate are mainly machinery and equipment and agricultural product processing trade. China's export trade will promote the upgrading of import and export products through the adjustment of export tax rebate rate

increasing the export tax rebate rate of high value-added equipment is conducive to the export growth of China's machinery products. This adjustment will increase the export tax rebate rate of major technical equipment from 13% to 17%, and reduce the export tax rebate rate of non mechanical drive vehicles and parts from 17% to 13%. Previously, 17% of the tax return was reserved for mechanical products such as ships, CNC machine tools, machining centers, modular machine tools, hoisting and engineering machinery, mechanical lifting equipment, construction and mining machinery, medical instruments and apparatus, railway locomotives, aerospace vehicles, metal smelting equipment, etc., and no adjustment was made this time. After the market-oriented reform of China's machinery industry after the reform and opening up, great progress has been made during the Ninth Five Year Plan period and the Tenth Five Year Plan period. The export situation of major enterprises such as machine tools and construction machinery is good. This export tax rebate will continue to encourage these industries, which will be conducive to the export growth of relevant enterprises

enterprises benefiting from this tax rate adjustment

enterprises involved in the export of major equipment are mainly processing center and CNC machine tool enterprises. At present, among several CNC machine tool enterprises, Shenyang Machine Tool enjoys a 17% tax rebate policy, while Jiaotong University Science and technology and Qinchuan development enjoy a 17% tax rebate and a 13% tax rebate. After this adjustment, it will be beneficial to the export of the two companies

impact of export structure adjustment on port equipment

when the export of port equipment was adjusted in 2003, the tax rebate rate of containers was adjusted from 17% to 13%, and port cranes were not adjusted. The adjustment of tax rebate rate does not involve the change of port machinery itself. The impact on port equipment is mainly the change of export product structure. On the whole, the decrease in the export tax rebate rate of raw materials and mineral products may reduce or even decrease the growth rate of bulk exports. However, the export of some light industrial products was reduced by 2% and the export of non mechanical drive vehicles was adjusted by 4%, which had a certain impact on containers. Increasing the export tax rebate rate for agricultural products, it and complete sets of equipment is conducive to the growth of special containers and refrigerated containers. The impact on CIMC and Zhenhua is basically pros and cons, with little overall impact

the export of machinery products continued to grow strongly

the growth of China's machinery products, especially those with high added value, continued to slow down during the "1025" period, and machinery products were highly dependent on foreign countries. In 2005, the export growth of China's machinery industry was higher than that of imports for the first time. In the whole year, the total import volume of the machinery industry established by the Shandong Branch of the Institute of machinery and materials was 118.4 billion US dollars, an increase of 4.8% over the previous year; The total export volume was 104.4 billion US dollars, an increase of 34.1%; The deficit was nearly 50% lower than that in 2004. The export of automobile, engineering machinery, agricultural machinery, machine tools and other large machinery products increased significantly. We believe that machinery products have a certain scientific and technological content. China's machinery industry has obvious cost performance advantages. It is the main force to replace the export growth of raw materials, mineral products and light industrial products with low added value. It is also an important industry for the upgrading of China's product structure at the present stage. During the "Eleventh Five Year Plan" period, the export of China's machinery industry will maintain a strong growth momentum. With the adjustment of export product structure, the business volume of China's ports will also shift from the original South China to East and North China, which will also have a certain impact on the regional economy

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