From the data of the export of mechanical and electrical products in the first half of the statistics of the Ministry of Commerce, the adjustment of the export tax rebate structure has an obvious effect on the optimization of the export structure of mechanical and electrical products. From January 1 this year, the new export tax rebate policy will be implemented. The tax rebate rate for the eleven major categories of mechanical and electrical products such as ships, automobiles and their key components will continue to be retained. The export tax rebate rates for other mechanical and electrical products are 17% and 15% is adjusted to 13%.
Exports show rapid growth
In the first half of this year, the export of mechanical and electrical products continued to maintain a high-speed growth trend. From January to June, the cumulative export volume was US$140.63 billion, a year-on-year increase of 46.3%, an increase of 10.6 percentage points over the same period. In the same period, export agricultural products increased by 10.5%, textile products increased by 23%, mineral products increased by 19.6%, chemical products increased by 27.5%, and mechanical and electrical products greatly exceeded the growth of other products during the same period. Eleven types of mechanical and electrical products with a 17% tax rebate rate were selected as export incentives. In the first half of the year, exports increased rapidly. Most of the mechanical and electrical products whose tax rebate rate was lowered were still higher than those of other non-electromechanical products.
The high-tech and high-value product characteristics of electromechanical products are an important reason for the high-speed growth of electromechanical products exports under the pressure of lowering the tax rebate rate and increasing costs. This is particularly evident in the export of high-tech mechanical and electrical products. . From January to June, LCD monitor exports were 5.735 billion US dollars, up 114.1% year-on-year, color TV exports were 2.106 billion US dollars, up 79.3%, and LCD TV exports were 205 million US dollars, up 452.2%. Plasma color TV exports reached US$55 million, an increase of 29,131.3%, mobile phone exports reached US$6.062 billion, an increase of 109.2%, and exports of integrated circuits and microelectronic components reached US$5.06 billion, an increase of 82.3%. The increase in the export value of these high-tech mechanical and electrical products exceeded the increase in export volume during the same period, indicating that the export unit price increased compared with the same period of last year. Due to its high technical content and large added value, high-tech electromechanical products have strong resistance to foreign goods in the market, increase prices through technology upgrading and product replacement, and expand export scale on the basis of consolidating the original market share. Jumped out of the old road of price wars and low-priced campaigns.
Optimized structure effect
Export tax rebate is an encouragement policy commonly used by countries to promote the export of domestic products. The setting of their products and the adjustment of tax rebate rate reflect the orientation of industrial policies and foreign trade policies. The downward adjustment of the export tax rebate rate is a structural adjustment aimed at optimizing the structure and improving efficiency. The eleven major categories of products that retain 17% export tax rebate rate are all mechanical and electrical products with high technology content, high added value and good export prospects. The policy orientation to encourage these mechanical and electrical products to expand exports is very clear. From January to June this year, the above-mentioned eleven major categories of mechanical and electrical products exported 18.28 billion US dollars, an increase of 70.3%, much higher than the 46.3% increase in the export of mechanical and electrical products, the proportion of the country's mechanical and electrical products exports from the past From the end of the year, 11.6% rose to 13%. Compared with the same period of last year, the average export growth of nine categories of products such as automobiles and parts, printed circuits, CNC machine tools, program-controlled telephones, optical communication equipment and railway locomotives increased by 36.6 percentage points over the same period of last year. The export structure adjustment effect was obvious. .
In the first half of this year, among the products that retained the 17% export tax rebate rate, the export of automobiles and key parts and components was 2.944 billion US dollars, an increase of 73.7%. In the first half of the year, 156,232 vehicles (including complete sets of spare parts) were exported, amounting to 290 million US dollars, up 309.1% and 84.4% respectively over the same period of the previous year. Among them, the car exports 3,392 vehicles, the amount of 28.87 million US dollars, the export models are mainly Chery Automobile and Geely Automobile with their own brands.
Large-scale mechanical and electrical products and complete sets of equipment with high technical content such as railway locomotives and optical communication equipment as well as construction machinery also show strong export competitiveness and good export prospects. In the first half of the year, the export of railway locomotives was US$84 million, an increase of 223%. The export of program-controlled telephones, telegraph switches and optical communication equipment was US$535 million, an increase of 159.7%, and the export of construction machinery and equipment was US$2.228 billion, a year-on-year increase of 45. .6%. In addition, among the products retaining the 17% export tax rebate rate, laptop exports were US$8.434 billion, up 110%, printed circuit exports were US$1.615 billion, up 54.4%, and aerospace exports were US$262 million. , an increase of 35.8%. The implementation of the 17% tax rebate rate policy directly promoted the rapid growth of exports of these high-tech mechanical and electrical products and optimized the export structure of mechanical and electrical products.
There is no large-scale transfer of trade methods
From the perspective of trade methods, goods with a 17% tax rebate rate were mainly exported by processing trade. In the first half of the year, the total export volume was US$ 13.93 billion, a year-on-year increase of 74.6%, which was 36.6 higher than the increase in processing trade exports during the same period. Percentage points accounted for 75.9% of the total value of merchandise exports with a 17% tax rebate rate for the same period. Among them, exports by way of processing and processing of 13.2 billion US dollars, an increase of 76.5%, accounting for 94.8% of the processing trade of such goods; since the processing of exports of 730 million US dollars, an increase of 43.1%. For notebook computers, railway locomotives, printed circuits, ships, medical instruments and equipment, processing trade exports accounted for 99.9%, 99.9%, 95%, 96.3% and 63% of total merchandise exports, respectively. .6%.
In the first half of this year, the electromechanical products with a tax rate reduction of 4 percentage points in the first half of the year were exported by the processing trade mode of US$98.04 billion, a year-on-year increase of 47.7%, accounting for 77.6% of the total export value of such goods during the same period, basically last year. The same period was flat. Among them, exports by way of processing and processing were 82.7 billion US dollars, up 50.3% year-on-year, accounting for 84.4% of processing trade exports. Compared with the same period of last year, the proportion increased by 1.5 percentage points; US$400 million, a year-on-year increase of 35.4%, accounting for 15.6% of processing trade exports, a decrease of 1.5 percentage points over the same period last year. In theory, since the processing trade bonded imported materials do not have to bear the difference in tax rate, the processing of materials is not refundable and the tax rebate rate is not affected. Therefore, the tax rebate rate is reduced, and the export of goods is transferred to processing trade and processing. The possibility of transferring to the processing of incoming materials. However, from the export data in the first half of the year, the reduction in the tax rebate rate has little effect on the export trade pattern, and the trade structure is basically the same as that of the same period last year.
However, from the perspective of canceling the tax rebate products, the general trade export of goods that canceled the tax rebate has been transferred to the processing trade, the processing and export of the feed has declined, and the processing of incoming materials has grown rapidly. Among the commodities that canceled tax rebates in the first half of the year, exports totaled 580 million US dollars by processing trade, accounting for 23.8% of the total export value of such commodities during the same period, a year-on-year increase of 20.8%, while the general trade exports decreased by 28% over the same period. 9%; export by export processing 200 million US dollars, down 45.9% year-on-year, compared with the same period last year, the proportion of exports of tax-reduction goods processing trade decreased by 42.6 percentage points; since the processing mode of export 380 million US dollars, The growth rate was 245.5%. Compared with the same period of last year, the proportion of processing in the processing trade of such commodities increased by 42.6 percentage points.
The authenticity of this information has not been confirmed by the international electrical network, for your reference only.
Exports show rapid growth
In the first half of this year, the export of mechanical and electrical products continued to maintain a high-speed growth trend. From January to June, the cumulative export volume was US$140.63 billion, a year-on-year increase of 46.3%, an increase of 10.6 percentage points over the same period. In the same period, export agricultural products increased by 10.5%, textile products increased by 23%, mineral products increased by 19.6%, chemical products increased by 27.5%, and mechanical and electrical products greatly exceeded the growth of other products during the same period. Eleven types of mechanical and electrical products with a 17% tax rebate rate were selected as export incentives. In the first half of the year, exports increased rapidly. Most of the mechanical and electrical products whose tax rebate rate was lowered were still higher than those of other non-electromechanical products.
The high-tech and high-value product characteristics of electromechanical products are an important reason for the high-speed growth of electromechanical products exports under the pressure of lowering the tax rebate rate and increasing costs. This is particularly evident in the export of high-tech mechanical and electrical products. . From January to June, LCD monitor exports were 5.735 billion US dollars, up 114.1% year-on-year, color TV exports were 2.106 billion US dollars, up 79.3%, and LCD TV exports were 205 million US dollars, up 452.2%. Plasma color TV exports reached US$55 million, an increase of 29,131.3%, mobile phone exports reached US$6.062 billion, an increase of 109.2%, and exports of integrated circuits and microelectronic components reached US$5.06 billion, an increase of 82.3%. The increase in the export value of these high-tech mechanical and electrical products exceeded the increase in export volume during the same period, indicating that the export unit price increased compared with the same period of last year. Due to its high technical content and large added value, high-tech electromechanical products have strong resistance to foreign goods in the market, increase prices through technology upgrading and product replacement, and expand export scale on the basis of consolidating the original market share. Jumped out of the old road of price wars and low-priced campaigns.
Optimized structure effect
Export tax rebate is an encouragement policy commonly used by countries to promote the export of domestic products. The setting of their products and the adjustment of tax rebate rate reflect the orientation of industrial policies and foreign trade policies. The downward adjustment of the export tax rebate rate is a structural adjustment aimed at optimizing the structure and improving efficiency. The eleven major categories of products that retain 17% export tax rebate rate are all mechanical and electrical products with high technology content, high added value and good export prospects. The policy orientation to encourage these mechanical and electrical products to expand exports is very clear. From January to June this year, the above-mentioned eleven major categories of mechanical and electrical products exported 18.28 billion US dollars, an increase of 70.3%, much higher than the 46.3% increase in the export of mechanical and electrical products, the proportion of the country's mechanical and electrical products exports from the past From the end of the year, 11.6% rose to 13%. Compared with the same period of last year, the average export growth of nine categories of products such as automobiles and parts, printed circuits, CNC machine tools, program-controlled telephones, optical communication equipment and railway locomotives increased by 36.6 percentage points over the same period of last year. The export structure adjustment effect was obvious. .
In the first half of this year, among the products that retained the 17% export tax rebate rate, the export of automobiles and key parts and components was 2.944 billion US dollars, an increase of 73.7%. In the first half of the year, 156,232 vehicles (including complete sets of spare parts) were exported, amounting to 290 million US dollars, up 309.1% and 84.4% respectively over the same period of the previous year. Among them, the car exports 3,392 vehicles, the amount of 28.87 million US dollars, the export models are mainly Chery Automobile and Geely Automobile with their own brands.
Large-scale mechanical and electrical products and complete sets of equipment with high technical content such as railway locomotives and optical communication equipment as well as construction machinery also show strong export competitiveness and good export prospects. In the first half of the year, the export of railway locomotives was US$84 million, an increase of 223%. The export of program-controlled telephones, telegraph switches and optical communication equipment was US$535 million, an increase of 159.7%, and the export of construction machinery and equipment was US$2.228 billion, a year-on-year increase of 45. .6%. In addition, among the products retaining the 17% export tax rebate rate, laptop exports were US$8.434 billion, up 110%, printed circuit exports were US$1.615 billion, up 54.4%, and aerospace exports were US$262 million. , an increase of 35.8%. The implementation of the 17% tax rebate rate policy directly promoted the rapid growth of exports of these high-tech mechanical and electrical products and optimized the export structure of mechanical and electrical products.
There is no large-scale transfer of trade methods
From the perspective of trade methods, goods with a 17% tax rebate rate were mainly exported by processing trade. In the first half of the year, the total export volume was US$ 13.93 billion, a year-on-year increase of 74.6%, which was 36.6 higher than the increase in processing trade exports during the same period. Percentage points accounted for 75.9% of the total value of merchandise exports with a 17% tax rebate rate for the same period. Among them, exports by way of processing and processing of 13.2 billion US dollars, an increase of 76.5%, accounting for 94.8% of the processing trade of such goods; since the processing of exports of 730 million US dollars, an increase of 43.1%. For notebook computers, railway locomotives, printed circuits, ships, medical instruments and equipment, processing trade exports accounted for 99.9%, 99.9%, 95%, 96.3% and 63% of total merchandise exports, respectively. .6%.
In the first half of this year, the electromechanical products with a tax rate reduction of 4 percentage points in the first half of the year were exported by the processing trade mode of US$98.04 billion, a year-on-year increase of 47.7%, accounting for 77.6% of the total export value of such goods during the same period, basically last year. The same period was flat. Among them, exports by way of processing and processing were 82.7 billion US dollars, up 50.3% year-on-year, accounting for 84.4% of processing trade exports. Compared with the same period of last year, the proportion increased by 1.5 percentage points; US$400 million, a year-on-year increase of 35.4%, accounting for 15.6% of processing trade exports, a decrease of 1.5 percentage points over the same period last year. In theory, since the processing trade bonded imported materials do not have to bear the difference in tax rate, the processing of materials is not refundable and the tax rebate rate is not affected. Therefore, the tax rebate rate is reduced, and the export of goods is transferred to processing trade and processing. The possibility of transferring to the processing of incoming materials. However, from the export data in the first half of the year, the reduction in the tax rebate rate has little effect on the export trade pattern, and the trade structure is basically the same as that of the same period last year.
However, from the perspective of canceling the tax rebate products, the general trade export of goods that canceled the tax rebate has been transferred to the processing trade, the processing and export of the feed has declined, and the processing of incoming materials has grown rapidly. Among the commodities that canceled tax rebates in the first half of the year, exports totaled 580 million US dollars by processing trade, accounting for 23.8% of the total export value of such commodities during the same period, a year-on-year increase of 20.8%, while the general trade exports decreased by 28% over the same period. 9%; export by export processing 200 million US dollars, down 45.9% year-on-year, compared with the same period last year, the proportion of exports of tax-reduction goods processing trade decreased by 42.6 percentage points; since the processing mode of export 380 million US dollars, The growth rate was 245.5%. Compared with the same period of last year, the proportion of processing in the processing trade of such commodities increased by 42.6 percentage points.
The authenticity of this information has not been confirmed by the international electrical network, for your reference only.
Current Fuse,Auto Fuse,Car Fuse,Blade Fuse
Dongguan Andu Electronic Co., Ltd. , https://www.idofuseholder.com