China's policy of export tax rebate rate cut is now finalized. Experts believe that China cut export tax rebates,UGGs, designed to adjust and restrain economic growth and expanding trade surplus and current account surpluses, and can play the role instead of yuan appreciation. Although short-term will textile and steel industries adversely affected,Bailey UGG boots, but ultimately beneficial to improving the competitiveness of the textile industry.
the first textile network industry analysts believe that long term, the tax rate by two percentage points, help to change the over-reliance on China's textile industry price advantage in international competition in a single model, help to improve the international competitiveness of products. In the case of weakening the price advantage, relying on its own technological content of products to improve added value of the increase in competition,UGG boots, changes in China's textile industry, a low level of excess capacity , competing price of the disordered state has a positive meaning.
hold different views, but the industry also believe that European and American textile quotas by the input of raw materials, labor prices, exchange rates rise, and many other factors, there are many clothing orders slipped to Pakistan, India, Vietnam, Cambodia and other Southeast Asian countries. If we lower the garment export rebate rate,UGG bailey button, international orders will accelerate the transfer, there will be closure of many small apparel companies face a crisis.
Prediction Research Center, Chinese Academy of recently released a research report also pointed out that the benefits of export tax rebates did not fall into the hands of Chinese enterprises, foreign export tax rebates are often part of the negotiations will be included, hard drive down prices. Meanwhile, the export tax rebate led to more mainland export prices low, easily lead to trade friction.
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