Experts comment on the adjustment of export tax rebate rate of agricultural products by the state
-
Last Update: 2008-11-03
-
Source: Internet
-
Author: User
Search more information of high quality chemicals, good prices and reliable suppliers, visit
www.echemi.com
Introduction: the decision of the State Council on the reform of the current export tax rebate mechanism the decision of the State Council on the reform of the current export tax rebate mechanism has made a structural adjustment to the current export tax rebate rate of China, appropriately reducing the tax rebate rate of some export products, while maintaining or increasing the export tax rebate rate of agricultural products Experts disagree on whether the adjustment will have an impact on agricultural products export enterprises Some experts believe that the adjustment will improve the competitiveness of agricultural products, especially grain and oil export enterprises, which is conducive to the development of enterprises Some experts believe that the adjustment will not have an impact on agricultural products, especially grain and oil export enterprises VsU The main contents of the adjustment of the export tax rebate rate of agricultural products include: first, the current export tax rebate rate of 5% and 13% of agricultural products and the current export tax rebate rate of 13% of industrial products processed and produced with agricultural products as raw materials (except the provisions of Article 3 and article 4 of the Circular of the Ministry of Finance and the State Administration of Taxation on adjusting the tax rebate rate of export goods) to maintain the current export tax rebate rate The tax rate remains unchanged Second, the export tax rebate rate of the goods listed in Annex II of the circular, such as wheat flour, corn flour, split duck and split rabbit, was increased from 5% to 13% VsU Professor Tang Zhong, expert of WTO expert advisory group of the Ministry of agriculture and director of the Department of agricultural economics of Renmin University of China, pointed out that although the state has increased the export tax rebate rate of agricultural products such as wheat flour, in general, the state has not increased the export tax rebate rate of agricultural products, but because the export tax rebate rate of agricultural products was low before In this adjustment, the export tax rebate rate of other non-agricultural products has been much reduced, In contrast, the export tax rebate rate of agricultural products has increased The state maintains or raises the export tax rebate rate of agricultural products, which is in line with the current rural tax reform, in order to improve the income of farmers, but also reflects the spirit of supporting the development of agricultural products processing industry As for the impact of VSU on the adjustment, relevant experts believe that the basic principle of the reform of China's export tax rebate mechanism is "new accounts should not be owed, old accounts should be returned, mechanisms should be improved, common burdens should be shared, reform should be promoted, and development should be promoted." In the past, the overdue taxes of the state will gradually be paid to the enterprises, and some of the overstocked funds of the enterprises will be activated; if the current mechanism can ensure that no new accounts are owed, the export support of the state to the enterprises will be fully reflected According to VSU tangzhong, the adjustment of export tax rebate rate of agricultural products will not benefit farmers in the short term, but will directly benefit the development of agricultural product processing enterprises and promote the development of domestic agricultural product processing industry But in the long run, with the development of the export market of agricultural products and the increase of the export volume of agricultural products, the income of farmers will increase indirectly For agricultural export enterprises, the adjustment is conducive to reducing production costs and improving competitiveness In the short term, it will improve their profit space, and in the long term, it will improve their price competitiveness If enterprises use the increased profits to carry out technological transformation and improve the quality, the quality of agricultural products exported will also be improved Li Siheng, consultant of expert group of national food administration of VSU and consultant of China WTO Research Institute, said that the adjustment of the export tax rebate rate of agricultural products by the state is a supplement to the commitment of China's accession to the WTO, and in general, it has little impact on agricultural products, especially grain and oil export enterprises The main reason is: when China joined the WTO, it promised to cancel the export subsidies for agricultural products, so there was no export tax rebate problem for domestic agricultural products, especially grain; this time, the export tax rebate rate of wheat flour and corn flour was increased to 13%, while the export volume of Wheat flour and corn flour in China was very small, so it would not have a great impact Since some experts of VSU think that this adjustment is very beneficial to agricultural export enterprises, enterprises should actively take measures such as strengthening internal management of enterprises, striving to reduce costs, seizing opportunities and promoting development In this regard, Tang Zhong suggested that agricultural export enterprises should make good use of the opportunities brought by the adjustment from the following aspects: first, while using the increased profits to expand the production scale, enterprises should also pay attention to improving technology, improving product quality and long-term development Secondly, China's export tax rebate rate is often adjusted In the future, the country may also reduce the export tax rebate rate of agricultural products At that time, the profits of enterprises will decline Therefore, enterprises should make a good risk forecast as soon as possible, do a good job in the accounting of export bidding, and reserve a certain profit space for enterprises to ensure that they will not be eliminated by the market Third, at present, the growth rate of China's foreign trade has exceeded the growth rate of GDP, and the degree of foreign dependence is very high, which is very dangerous for a country, and the country must improve this situation Therefore, in the long run, enterprises should take the approach of not relying on export tax rebate to obtain profits to ensure the survival and development of enterprises At the same time, in view of the problem that many countries set up trade barriers, especially green barriers for some agricultural products in China at present, Tang Zhong suggested that China Chamber of Commerce for import and export of food, soil and livestock and various industry associations should send special personnel to the main export target markets, master the important information of the target markets, and coordinate and dredge relevant export matters VSU in addition, Tang Zhong pointed out that after the reform of the export tax rebate mechanism, there is a problem that needs attention, that is, because the country has relatively increased the export tax rebate rate of agricultural products, and it will be implemented from January 1, 2004 In order to get more export tax rebate, will the enterprise cancel or postpone the implementation of this year's export contract, but wait until next year to export uniformly? If so, the export rate of China's agricultural products in the second half of this year will be significantly reduced VsU
This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only.
This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of
the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed
description of the concern or complaint, to
service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content
will be removed immediately.