| Recently, the Ministry of Finance, State | | | | products, some steel products, furniture, and viscose |
| Administration of Taxation jointly issued "on the | | | | fiber. " Furniture export tax rebate rate down to |
| improvement of export tax rebate rate of some | | | | 11%, or 9%, part of the wood products export tax |
| commodities notice", from November 1, 2008, the | | | | rebate rate down to 5%. The new export tax |
| appropriately increasing the textile, clothing, Furniture | | | | rebate policy implementation, |
| Export tax rebate rate and other labor-intensive | | | | Appreciation of the renminbi, making furniture |
| products, some of which Furniture Export tax rebate | | | | exports, profits have fallen sharply, the |
| rate to 11%, 13%, the 2% increase in the number of | | | | export-oriented furniture industry of hardship ahead. |
| furniture enterprises, nothing less than amnesty, a | | | | In the first half, China's furniture enterprises above |
| piece of paper. Experts point out that the fourth | | | | designated size reached 85.3 billion yuan output value, |
| quarter of fiscal stimulus, or frequent appearance. | | | | increase speed of up to 30.22%%; entire industry |
| Furniture export growth continues to decline | | | | exports reached 8.43 billion U.S. dollars, up by 29.2%. |
| The latest Customs statistics show that from | | | | Not a good thing too fast export growth, prosperity |
| January to September this year, China's export | | | | behind, reflecting the furniture industry in China has |
| growth of traditional bulk export commodities are | | | | been a serious excess capacity. This led to the U.S. |
| falling sharply. Among them, the furniture export | | | | anti-dumping wooden furniture in China, the EU was |
| growth rate dropped 3.5 percentage points. | | | | also considering the Chinese software furniture |
| Vice Minister of Commerce Gao with the tour on the | | | | anti-dumping investigation, the furniture industry is |
| 15 th? 19 provinces of the 104th Canton Fair Director, | | | | undergoing this test of international trade barriers. |
| Office of foreign trade and economic forum, | | | | Raised export tax rebates will ease the enterprise |
| Shanghai, Guangdong, Shenzhen, Jiangsu, Fujian, | | | | crisis |
| Beijing, Anhui representatives said that "now to the | | | | As Southeast Asia, Africa and South America and |
| most difficult period." Represented at the fair part of | | | | other timber exporting countries to strengthen |
| the Chinese exhibitors and buyers from abroad have | | | | control on the timber resources and vigorously |
| said this to be the number of overseas buyers are | | | | implementing forest certification, resulting in tight |
| more visible than the previous two down, to a | | | | timber imports, while soaring oil prices lead to |
| certain extent, that the global financial crisis is | | | | increased freight costs, the levy of consumption tax |
| intensifying, this year and even next year, China's | | | | also taxes costs increased by 6%%. Lead timber, |
| export situation is not optimistic. | | | | plastic, metal furniture, tight production and raw |
| Furniture industry "troubles" and "foreign aggression" | | | | material import prices rise, companies purchase price |
| Raw material prices, labor costs increased gradually | | | | of raw materials rose 10 yuan per square meter or |
| led to increased costs of furniture, so that the cost | | | | so. The price increase is more expensive wood, like |
| of furniture industry pressure. Started in June last | | | | rosewood, balsam of pigeon pea and other valuable |
| year, wood, leather, metal alloys and other raw | | | | hardwood price increase has even reached 30%% to |
| materials prices rose 5% to 20%, with the prices of | | | | 80%%. In addition, coupled with the increased cost |
| raw materials, furniture general rise in commodity | | | | of labor, leading to many small enterprises have |
| prices, all kinds of furniture, | | | | ceased production, and even closed down. |
| Decoration materials, the average price increase has | | | | Present the greatest impact on China's furniture |
| reached 10% to 20%. | | | | industry is not the foreign anti-dumping sanctions, but |
| Last year, the Ministry of Finance and State | | | | the energy and rising prices of raw materials and |
| Administration of Taxation jointly issued the "Ministry | | | | labor cost increases, resulting in corporate profit |
| of Finance State Administration of Taxation on the | | | | margins are compressed. At the same time, exports |
| lower part of the notification of export tax rebate | | | | of furniture are much lower than average price |
| rate," the abolition of export tax rebate of goods | | | | increases of raw materials prices rise, some areas of |
| involved, "leather, some wood and a one-time wood | | | | the furniture export prices lower on the furniture |
| products ", lower export tax rebate rate of | | | | industry these production operations cause great risk. |
| merchandise related to" plastic and rubber and their | | | | This time I believe the adjustment of export tax |
| products, some stone and ceramics and their | | | | rebates will furniture ease the crisis. |