Adjust Export Tax Rebates Starting To Prove Fair Trade Impact Of Price Increases

The impact of export tax rebate policy adjustment isprevious 13% to 11%, companies will digest some of
shown. Canton Fair, the number of sectors that willtheir rising costs, price increases will also reduce
increase the offer to ease the political pressure, butstress.
this new offer is not acceptable for the customers,Fact, affect not only the orders of a tax rebate, the
business is expected to be sustained outflow ofyuan continues to appreciate, and various raw
some orders. Multi-industry price increasesmaterials, labor costs, are pushing up the cost of
July 1 this year, the Government has significantlyexports. About the ceramics, the last two years,
adjusted the export rebate rate of goods involvingexport ceramics industry cost at least go up by 15%,
more than 40 categories 2,831 kinds of commodities,5% -10% of the price increase is not fully passed on
an unprecedented magnitude. Longthe source of highto cost pressures.
ceramic Zhang Jianwei, said yesterday that this roundContinued decline in export growth Customs data
of policy changes, some ceramic products, 8% taxreleased recently and the situation in Canton on
rate from the earlier reduced to 5%. He said someorders correspond. In fact, part of the order flows, it
of the higher value-added products with higher profit,is the government would like to see control results.
and can still bear the costs, export prices have somePersistently high trade surplus prompted the
simple products, such as the tiles on the priceGovernment to adjust export tax rebate is the direct
increase of 5% -10%. However, this is not forcause, the Ministry of Finance had made it clear that
buyers to accept price increases, he said, manythis adjustment in order to alleviate a significant trade
buyers choose to watch, some orders have beensurplus key policy objectives. Although the high level
transferred to Indonesia, Brazil. Wood Import &of surplusdid not improve, but the recent General
Export Co., Ltd.Administration of Customs released in September
Ji Lin Huibang International Department, said Liutrade data showed exports in September growth
Zhongyu, wood products export tax rebate rate inwas down 22.8% increase, with 22.7% last month,
July down from 13% to 5% after 8% of corporatedata from close to far less than the July's 34.2%.
tax has been living through this. At the fair, hisInstitute, a research fellow Department of
product offer by about 6% -8%, because it isCommerce, said yesterday that export tax rebates,
resource-based products, most of the olderthe impact of family control policies is expected to be
customers are accepted, but there are some ordersembodied in 10,11,12 for three months, taking into
exodus to Southeast Asia and South America,account the recent food, medicine, toys and other
"although the process compares favorably with thosesecurity problems caused by the follow-up effects
regions China, but the logs lower cost. "the fourth quarter of this year's export growth will
Clothing, Shanshan Group Co., Ltd., said Zhu Sujunslow sharply.
Assistant to the President, clothing tax rate from the