Textile Enterprises Should Cope With The Possible Reduction Of The Export Tax Rebate Rate.

Though relevant Textile and clothing Rumors that the export tax rebate rate will be lowered recently was denied by the people concerned, but the reporter was in May 2nd. Canton Fair On the interview, we found that many textile enterprises have increased their psychological expectations of the export tax rebate rate reduction, and have begun to deal with them in many ways.

At present, China's textiles and clothing Export rebate rate It is 16%, which plays an important role in China's textile and garment export enterprises, which are mainly labor-intensive. A head of foreign trade and small businesses in Shenzhen, which is specialized in curtain printing, told reporters that a large part of the amount of export tax rebate is to be returned to merchants in disguised form, so as to enhance the price advantage. Once the export tax rebate rate is lowered, the price of products will rise, and the loss of price competitiveness will have a serious impact on China's textile exports.

For the above "serious impact", Shandong Linyi Xinguang blankets Co., Ltd. also expressed deep sympathy. Chen Xibin, general manager of the company, said that the output value of the company was 800 million yuan last year. Due to its large base, the export tax rebate rate will also increase. Once the tax rebate rate is lowered, the profit margins of the company will be further reduced.

Chen Xibin also said that big enterprises have the magic weapon to deal with - product innovation. In the prominent position of its stand, Chen Xibin showed several new blankets produced by the company's improved process. Although the price is twice the price of similar products, many European and Middle Eastern businessmen who came to purchase showed strong interest.

Han Xiaoying, deputy manager of the international business of Lu Tai textile Limited by Share Ltd, said that expanding domestic sales will be a new way for Chinese textile enterprises to reduce the export tax rebate rate of two. At present, Han Xiaoying's share of the shirt business is 1.5:8.5. She said that as the company's brand chain stores opened in China, the proportion of internal and external sales will be further adjusted.

A Anhui enterprise which mainly produces bathrobes and bath towels, said that the survival of small and medium-sized textile export enterprises is to enrich their products and strive to win by quantity.

It is understood that China has raised the export rebate rate of textile and garment products 4 times from August 2008 to April 2009, raising it from 11% to 16%. Some analysts pointed out that from the strategic perspective of industrial transformation, China's textile export tax rebate should be lowered. What we need to consider now is the rate of tax adjustment and the time to launch the policy.