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What is the impact of the comprehensive promotion of the "VAT reform" on the coatings industry?

 Last Update: 2021-07-25
 Source: Internet
 Author: User

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What is the impact of the comprehensive promotion of the "VAT reform" on the coatings industry?

Promote real estate destocking to stimulate demand for architectural coatings

Impact on second-hand housing transactions neutral repainting market potential still needs to be tapped

Coatings marketCoatings marketCoatings market

The full implementation of the "VAT reform" is to act as a "cost reduction" role in the "supply-side structural reform", to promote the flow of real estate and reduce inventory, which has a positive effect on boosting confidence in the real estate industry, not only stimulating The release of demand in the buyer's market also makes the seller's market full of expectations for future trends.
However, the reform of VAT reform is not a short-term policy, and its significance for real estate will not be as immediate as an analgesic effect.
However, as a long-term policy, it is laying a solid foundation for the establishment of a long-term mechanism for real estate.
(Source: Global Coatings Network) (For more information, please log in: Global Coatings Network http:// )

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