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Industry of our country jewelry answers exit drawback policy actively to adjust
From;    Author:Stand originally

Total bureau of Wu of tax of the Ministry of finance, state allotted on June 19, 2007 " the announcement that leads about adjusting partial commodity to export drawback " . Adjust this involve 2831 goods in all, the export that reduced 2268 commodity that cause trade friction easily among them withdraws tax rate, pearl, lapidary, precious metal and its goods also row among them. The exit of the product such as raw material of pearl, lapidary, silver retreats tax rate to fall from 13 % to 5 % , diamond also falls by drawback of full specified amount to 5 % , product of gold, platinic gold still maintains export not the policy of drawback.

The reporter understands from guild of headgear of Chinese gem jade, the gem product that begins to carry out from 2003 exported drawback policy to have positive stimulative effect to enlarging the exit of product of our country gem. In recent years, exit of product of our country gem carried swifter growth state, came 2003 2006 year of exit forehead of product of our country gem it is respectively 3.295 billion, 4.45 billion, 5.49 billion, 6.87 billion dollar, year increase rate exceeds 20 % . Year of entrance forehead of product of gem of our country of the corresponding period it is respectively 2 billion, 2.42 billion, 3.45 billion, 4.6 billion dollar, accordingly, the imports and exports of product of our country gem also is in favourable balance condition all the time. In the meantime, the ability that this also demonstrates to the enterprise develops the market is increasing, the international market is in to the demand of Chinese gem product growth.

The adjustment that exports drawback policy this is affected on the whole to industry of our country jewelry not quite, but certain to exporting an enterprise to be able to have influence.

(one) the export that reduced the commodity such as pearl, silver, diamond withdraws tax rate, the cost of relevant product will raise, can produce certain inhibition to the foreign trade of these products thereby, be helpful for reducing the favorable balance of trade of gem product. But, on the other hand, because improvement trade of product of our country gem is in imports and exports of product of our country gem,have quite large proportion (it is 70 % about) , the adjustment that exports drawback policy does not have any influences to the imports and exports of this part product, those who involve is the exit specified amount that 30 % control only. Accordingly, this policy has certain effect to reducing the favorable balance of trade of gem product, but the impact is not big. On the whole, the impetus that export of product of our country gem increases won't get too big impact.

(2) the adjustment that exports drawback policy is depended on to exit model the enterprise is in short-term inside can have certain effect. The export that reduces the product such as pearl, silver withdraws tax rate, can increase the cost of relevant export business, perhaps reduce these enterprises to export the profit of the product. Lesser to dimensions for the export business that is main measure with price competition, will face grim challenge. Bigger to dimensions for the export business that is main competition method with quality and brand, will face greater development opportunity.
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