Changzhou Textile Industry Has Benefited Nearly 100 Million Yuan Due To The Increase In Tax Rebate Rate.

Since August 1st, the state has raised the export tax rebate rate for some textiles and garments.

This undoubtedly brings a glimmer of light to the struggling textile industry.

According to the analysis of the municipal tax department, the policy will benefit 592 textile production enterprises and 297 foreign trade enterprises.

In the first 7 months of this year, the export value of textiles and clothing of these 889 enterprises was 700 million US dollars.

It is estimated that the export tax rebate rate will be increased by 2 percentage points. In the latter 5 months of this year, the relevant enterprises in our city will handle more than 100 million yuan for export refund (Exemption).

Reporters learned from the Municipal Bureau of external affairs that the proportion of textile and clothing belonging to labor-intensive and low value-added products in the city continued to decline, with textile exports exported 1 billion 149 million US dollars in the first half of this year, and the proportion of exports decreased by 4 percentage points.

According to the foreign trade department's investigation, quite a few textile and garment enterprises are basically "struggling to maintain".

10% of the garment enterprises in the city are in a state of loss, and the profit margin of textile enterprises is only about 2%.

Hutang textile and garment industry is relatively concentrated in the region, and about 1/3 of the enterprises have gone bankrupt or converted to production.

A person in the Department said that a lot of equipment such as arrow looms were imported in the past few years, and now some people are selling them.

"The textile and garment enterprises in Changzhou mainly earn a little processing fee by means of feed processing, simple assembly and OEM export."

"In a sense, it is merely a processing base for internationally famous brands," said the person in charge of the foreign trade and Economic Cooperation Department.

Under the situation of increasingly stringent environmental requirements and rising labor costs, the pressure of survival and development is increasing. "

According to a survey of enterprises, the main factors affecting the export of textile and clothing are: RMB appreciation accelerated, raw material prices up, labor and environmental costs rising, interest rates raised, and foreign trade policy adjustment last year.

Policymakers believe that this will help to optimize the structure of foreign trade and change the way of development, but this is a long-term effect.

In the near future, the adjustment of enterprises' structure and the rising of digestion cost need a process.

Therefore, the export tax rebate rate has increased by 2 percentage points, although it will make textile enterprises catch their breath, but the effectiveness is much greater.

Some enterprises are worried that in the fierce international competition, under the heavy pressure of survival, domestic counterparts are likely to take these 2 points as chips to continue bidding, and finally lead to preferential policies for the country to "outsiders".

In the interview, the head of a textile enterprise expressed his view. "The export tax rebate rate has increased by 2 percentage points, indicating that the state has not abandoned the textile and garment industry, which has boosted confidence in our industry."

"From the state's series of control measures for" two high and one capital "products, the determination of product structure adjustment and upgrading of industrial level is impossible to change.

In the face of difficulties, textile and garment enterprises should also consider how to build a long-term and enhance their international competitiveness and economic efficiency.

Otherwise, no matter what preferential policies, it is just more than just breathing.

The city's foreign trade department said.