Exports of bamboo products gains bonuses(2010/0317)
"The export tax rebate rate of disposable bamboo chopsticks has raised 6 percentage points from 5% to 11%". "Chopsticks export industry in itself is a low profit industry, and increase of export tax rebate rate will directly reduce enterprise costs." Disposable Chopsticks Industry Association related-sources told the reporter.
Export rebate tax has increased. Recently, the Ministry of Finance, the State Administration of Taxation issued a notice with effect from August 1st to adjust the export tax rebate rate for some commodities and decide to increase the export tax rebate rate of some textiles and clothing from 11% to 13%. Meanwhile, increase the export tax rebate of part of bamboo products to 13%. This is the first time of increase of export tax rebate rate since the cut of export tax rebate rate in 2006.
It's understood that the bamboo products whose export tax rebate rate have raised involved in bamboo veneer, disposable bamboo tableware, disposable bamboo chopsticks, disposable bamboo round skewers, round sticks, ice rods, spatulas and so on. To the industry sources, the adjustment of export tax rebate rate this time, part of bamboo products among which is ranked unexpected. The State raise up the export tax rebate rate of bamboo products is undoubtedly positive to bamboo products export enterprises in China.
From the China Light Industry Arts & Crafts Import & Export Chamber of Commerce understands that bamboo products export amounted to 93. 28 million US dollars increased 5.21% over the same period.
"The export tax rebate rate of section of bamboo products has risen up, so foreign importers will inevitably take this opportunity to keep the price down." The Disposable Chopsticks Industry Association related-source also said. Each time of the export tax rebate rate adjustment will bring about changes in prices of export commodities, and price game will be conducted between Exporters and Importers. For example, with export tax rebate rate cut down, the exporter would raise prices to reduce the cost pressure.
In the interview, understands that China's Customs Tariff have made significant adjustment since January 1st, 2007. In which, bamboo and rattan products classification became independent from that of wooden products. After the adjustment, bamboo and rattan products will no longer be dragged by wooden products in related export policy. All along, the "Customs Import and Export Tariff" classified the bamboo and rattan products according to wooden products, which bring a certain losses to the bamboo products export enterprise. In accordance with the national macro-control policies, in the 2004 export tax rebate policy reform, the state canceled the timber tax rebates, aimed at protecting the long-term regeneration resource-type products. In fact, bamboo is not the limiting resources under the State's Macro Regulation and Control. The experts introduced, unlike the timber resources, bamboo enjoying the features of short growth cycle, easy to grow and usually 5-6 years. In fact, bamboo can grow up to about 2 meters in the first year. Unlike trees, bamboo after natural growth of six years, if you do not cut them to put into use, it will self-neglect and lose its value.
Hundreds of thousands of households woven bamboo mat was the most original picture of bamboo industry