三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

US EUROPE AFRICA ASIA 中文
Business / Policy Watch

Central govt set to take over tax rebate process

By MU CHEN (China Daily) Updated: 2015-03-04 07:10

Central govt set to take over tax rebate process

Containers being loaded at the Nansha Port in Guangzhou, Guangdong province. [Photo/Xinhua]

Move intended to support firms selling abroad and spur economic growth

The central government has assumed full responsibility for paying export tax rebates to companies, the latest measure to reverse a slump in exports and spur growth.

The State Council, China's cabinet, said on Tuesday in an online statement that the change is retroactive to Jan 1.

For any rebates still due for 2014, local governments remain responsible for their share, which was 7.5 percent.

Previously, the central and local governments split the burden of export tax rebates. The local governments submitted their share of the rebates to the central government, which then added the other 92.5 percent and reimbursed companies.

Zhao Zhongxiu, a trade professor at the Beijing-based University of International Business and Economics, said that some local governments had been reluctant to develop export-oriented companies due to the subsequent burden of rebates.

"By assuming the full burden of rebates, the central government will sweep clean the obstacles that discourage local governments from developing exports," said Zhao. "There is hope that this policy will reduce the burden of provinces with export advantages and boost overall exports."

The latest measure comes as Beijing seeks to put trade growth on a firmer footing in 2015.

Amid weak global demand and rising domestic costs, China's total foreign trade growth missed its target of 7.5 percent in 2014. Actually growth was less than half that level, at just 3.4 percent.

Exports rose 4.9 percent to 14.39 trillion yuan ($2.32 trillion), while imports fell 0.6 percent to 12.04 trillion yuan.

Weakness in exports has persisted this year. In January, exports slid 3.2 percent year-on-year to 1.23 trillion yuan, according to General Administration of Customs data released in February.

Zhang Beilei, general manager of Wenzhou Gaotian Shoe Co, said: "The new export tax rebate policy will ease certain burdens on companies by obtaining rebates faster, although getting export tax refunds hasn't been much of a problem thus far."

Wenzhou Gaotian had to lay off 10 percent of its employees to cut costs after export orders sank by about 20 percent in 2014.

"Government support involving tax policies and recent interest rate cuts will bring hope to export companies that have been expecting a bounceback in the trade environment. It's been miserable for the past two years," Zhang said.

Other smaller adjustments to the export tax rebate system have been made recently, including further delegation of approval authority, a simplified application process and faster rebates.

Zhong Nan in Beijing contributed to this story.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 成 人 黄 色 大 片全部 | 国产乱码精品一区二区三区网页版 | 黄色免费网站在线播放 | 免费看日韩欧美一级毛片 | 丁香婷婷久久 | 国产精品天天影视久久综合网 | av在线看网址 | 午夜男人女人爽爽爽视频 | 国产在线观看入口 | 97精品国产91久久久久久 | 国产精品无码久久av | 国产手机在线国内精品 | 一二级黄色片 | 伊人色院成人蜜桃视频 | 看一级毛片国产一级毛片 | 欧美亚洲国产精品久久第一页 | 91精品啪国产在线观看免费牛牛 | 亚洲综合一区二区不卡 | 久久在线国产 | 91久久青青草原免费 | 伦在线 | 久久精品国产99国产精品澳门 | 久久草在线观看 | 黄色动态视频 | 国产美女精品视频免费观看 | 麻豆黄色 | 国产尤物在线播放 | 怡红院男人天堂 | 毛片a级| 国产精品亚洲第一区二区三区 | 99久久婷婷国产综合精品电影 | 国产在线不卡免费播放 | 又爽又黄又无遮挡的视频美女软件 | 亚洲欧美在线播放 | 亚洲欧美色一区二区三区 | 久久综合九色综合欧洲 | 人成精品视频三区二区一区 | 亚洲视频一区在线播放 | aaaaa级毛片免费视频 | 国产高清在线免费视频 | 国产女人精品性视频 |