In just the past 2009 years, China's first over Germany to become the world's largest exporter. As the largest "world factory", China every day around the world in an endless stream of transmission was "MADEINCHINA" (in China) of products.
But at the "World Factory" Chinese consumers sometimes have to pay a higher price compared with other countries to buy "Made in China" products. Why are these products across the oceans, the prices cheaper than in China? Many business owners and experts believe that China's export tax rebate policy is the enterprise to an important cause of low exports.
Implemented a policy of export tax rebate for 25 years, has been very effective in promoting China's exports, followed by driving China's economic growth. However, the export tax rebate policy has also been considered to be double-edged sword, the National Development Bank consultant, former Deputy Governor Liu Kegu recently announced that the current negative effects of export tax rebate policy is too large, to the time of the adjustment.
"Made in China" cheaper abroad
Many business owners and experts believe that business can be an important reason for low exports is the export tax rebate policy.
More and more Chinese local consumers to buy luxury goods leaving the country joined the army. Because of China's high tariffs on luxury goods, leading to differences in domestic prices. At the same time, it also found that even the "Made in China" products, the United States and other developed countries sometimes sold cheaper than domestic.
Frequent travelers between China and Yale University professor Chen Zhiwu, said economists, not just luxury goods manufactured in other countries, domestic prices were also higher than in New York, while Chinese-made clothing, household items, computers and more so, the price is generally higher than in the domestic U.S. prices.
Cheaper prices abroad, "China", and many are low-end labor-intensive products. Guangzhou East ballet Toy LUO Jian-ping, general manager, said the Chinese products because of their low price, often as a European business promotional products, such as direct discount, but also such as free gifts altogether on.
Beijing's old and famous furniture industry?? Tiantan Furniture International Minister Jin Tao also said that consumers, developed countries can buy furniture cheaper than domestic.
Engaged in foreign trade of the State Information Center researcher Yan Min, more personal experience, the difference between Chinese and Japanese prices. She said that in Japan, clothing, housing is not cheap, mainly because of the cost of higher labor costs in Japan, in the supermarket to see a lot of Chinese-made products sold cheaper than the domestic, mostly Clothing , Notebook, pen such products.
These "Made in China" and its cheaper to sell abroad, why not in China Sell What? This price mechanism, why the domestic export enterprises adhere to export?
Interviewed in the number of business owners and experts, the company can be an important reason for low exports, China's export system design, that is, the export tax rebate policy.
Raise tax rebates to resist Financial Storm
2008 8 beginning from the month after seven times to adjust, China's overall tax rate from 9.8% to more than 13.5%.
1985 4 1st, China began to implement policies on export tax rebates. In short, is the product when exported after processing, the products of different industries can follow the policy, according to a certain percentage of the VAT refund was paid. 25 years, the tax rate increase or decrease after a few adjustments.
To furniture, for example, Jin Tao said the domestic trade and export of furniture have different definition of ex-factory price. Such as the cost is 100 yuan, the export tax rebate to enjoy it, if the state set a 10% export tax rebate rate, it is equivalent to a 10% state subsidy, even if the ex-factory selling 90 yuan manufacturers do not lose money.
This means that the factory link, because of the existence of export tax rebates, ex-factory prices of export products had a lot cheaper than domestic sales.
LUO Jian-ping said that while domestic trade and exports can not be compared in many places, but because of foreign trade export tax rebates, factory price cheaper. I am China Toys Suppliers writer, reports some information about laser line pointer , laser mouse presenter.
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