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The "Eight National Rules" Of Foreign Trade May Help Textile And Garment Enterprises Out Of Difficulties

2012/9/21 8:35:00 115

National Eight RulesForeign TradeTextile And Clothing Enterprises


Premier Wen Jiabao of the State Council chaired a State Council executive meeting to study, determine and promote foreign trade Policies and measures to stabilize growth. The meeting discussed and adopted Several Opinions on Promoting the Stable Growth of Foreign Trade, and determined eight measures to accelerate the progress of export tax rebate, expand the scale of financing, expand the scale and coverage of export credit insurance, improve the level of trade facilitation, properly respond to trade frictions, actively expand imports, optimize the international market layout of foreign trade, and optimize the domestic regional layout of foreign trade.


Restricted by slowing world economic growth and sluggish international market, China's spin clothing The export of the industry has suffered great resistance. This year's export situation of the industry is not ideal. The growth rate of the industry scale has declined, and the net profit has declined significantly. The industry's prospects are not optimistic.


This time, the new export tax rebate regulations in the "National Eight Articles" of foreign trade have integrated all the existing effective regulations on export tax rebate, and on the basis of maintaining the basic stability of China's export goods VAT and consumption tax rebate system, they have made adjustments to the problems reflected by export enterprises, and SMEs and new enterprises have benefited a lot; Supporting enterprise financing and exempting export inspection and quarantine fees is equivalent to directly providing financial support to export enterprises and reducing operating costs of export enterprises, which is a real help.


Improving the level of trade facilitation and customs clearance efficiency is to save time cost. "Time is money" is also to reduce the cost of enterprises and reduce their burden in disguised form; Expanding the scale and coverage of export credit insurance, and paying special attention to strengthening the provision of credit insurance services for small and micro enterprises, are targeted at the phenomenon that some small and micro enterprises are afraid of market risks and dare not take orders.


In the short term, these policies will undoubtedly be of great help to the recovery of the entire textile and clothing industry and enterprises to overcome difficulties. They will give China's foreign trade enterprises space to transform, upgrade and expand the market, especially give SMEs more breathing opportunities to adapt to the foreign trade environment.


   Accelerate tax refund and capital turnover


Export tax rebate is very important for foreign trade enterprises in labor-intensive industries such as textiles and clothing. Tax rebate is the source of profits for such industrial enterprises.


"Before the national tax rebate comes down, the trading company will pay us a tax advance, and then we will give the trading company an agency fee of one point." The head of a clothing factory in Ningbo said, "But if the tax rebate comes down slowly, sometimes the trading company will not pay our tax rebate, which also has an impact on our capital turnover."


Among the eight measures, the first is to accelerate the progress of export tax rebate and ensure timely tax rebate. Timely tax refund can help ease textile clothing The capital turnover problem of enterprises.


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  Expand financing to solve capital problems


At present, textile and garment enterprises are not only generally facing the problem of insufficient orders, but also financing difficulties and capital shortages.


"Of course, the order is the most important, but the capital is also very important. Now it is too difficult. Seeing the peers around fall one by one, I am really worried that the next one is myself." A person in charge of a textile enterprise in Wuxi, Zhejiang, said helplessly.


"As we do processing, we often encounter the delivery of goods worth millions, but the payment for goods cannot be timely returned, and the enterprise will be in a difficult situation of capital operation. It is so difficult to borrow money from the bank, so we need collateral at the beginning. How many small enterprises like us have fixed assets such as factory buildings?" A small foreign trade processing enterprise complained to the author.


In addition to speeding up the tax rebate process, the National Eight Articles also focus on expanding the financing scale, effectively reducing the threshold for banks to set up financing for small and micro enterprises, helping small and micro enterprises to speed up capital turnover, solve financing problems and reduce costs.


   External demand is still a problem, and enterprises should take the opportunity to upgrade


Although the "National Eight Rules" to a certain extent solved the financing, capital and other difficulties of China's textile and clothing foreign trade enterprises, and relieved some of the development pressure of enterprises, but due to the impact of the global economy and the impact of China's domestic raw materials and labor costs, textile and clothing enterprises are suffering from the lack of foreign demand, rising costs and other rigid problems, None of these problems can be solved by the introduction of a new policy by the state. These problems still exist.


Professionals from GoodOrder, a professional e-commerce platform in the textile and clothing industry, said: spin Only by seizing the breathing opportunity and adjustment time given by the "National Eight Rules", seizing the opportunity, practicing internal skills, looking for new business models, using new marketing channels such as e-commerce, using new technologies and new technologies to launch new products, accelerating the pace of transformation and upgrading, and achieving self breakthroughs, can garment enterprises truly get rid of the current passive situation.

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