Brewing again to reduce and eliminate our two high a capital export tax rebates

 According to sources, is studying the reduction in the types of export tax rebate rate is still high energy consumption, high pollution and resource and is likely to be involved had not been adjusted last year, the new types of products.

building materials, new materials, additives and other individual species in the lower class will be more.

these people also said,

further removal or reduction of other The source of the In this report, including the rare earth metals; iron and steel, petroleum, coal and other ferrous metals; nickel, molybdenum, tungsten and other non-ferrous metals; solar polysilicon and other raw materials, and water and forest resources in the areas of overall strategy, has been basically formed . In the future, will choose the right time, in accordance with the principle of controllable and gradual, step by step.

state restrictions on the June 22, 2010, the Ministry of Finance, State Administration of Taxation issued materials, such as the tax rebate rate of 406 tariff lines.

It is understood that, in order to ease the trade surplus is too large and the adjustment of industrial structure, July 1, 2007 China lifted 553 from the merchandise trade friction caused by the export tax rebate rate. However, as the international outbreak and spread of financial crisis, China began to adjust in the second half of 2008, export policy, a total of 7 consecutive times to raise export tax rebate rate, and reduce the rate of export credit insurance premiums, adjusting the prohibited category of processing trade, keep the RMB exchange rate basically stability.

Analysts said some of China's high energy consumption and high pollution products, the elimination of export tax rebates will be long term, it reflects the energy conservation, the urgent need for structural adjustment.

president of Renmin University of China School of Environment in Malaysia to accept the further energy saving must rely on industrial restructuring. Through the elimination of export tax rebates, can improve the

Ma said, exports of This achieved a trade surplus of export products in the same time, it has had The

the abolition of the friendly direction of change.

However, the re-adjustment of export tax rebate, or will be made part of the export industry experienced downward market, but also will cause concern on the export industry.

Bai Ming, researcher at the Ministry of Commerce to accept the . He added that the export tax rebate, just to make our products and fair competition in the international market, not particularly given to the preferential export enterprises. If we do not export tax rebates, export products to the equivalent of VAT be charged twice.

White confessed in the long run the Chinese economy to gradually transition from reliance on domestic demand to changes in external demand, but after all, a long-term process of expanding domestic demand is related to people's income and other factors. Given the current international economic crisis is not over, the developed economies into a quagmire of economic stagnation, economic growth and good inflation in emerging economies are also facing the risk, coupled with quantitative easing U.S. monetary policy, RMB appreciation pressure of multiple pressures, this year China's exports will face even greater pressure. Therefore, at this stage need to be both inside and outside, adjust the export policy should be cautious.