The iron and steel products export rebate rates market rumors not groundless, PTD authorities today to Sina financial disclosure, the State will take further measures to restrict the "two gaoyizi" industry's exports, and on related export tax rebate policy and tariffs to make adjustments or in July.
Many ministries still discussing restrictions on export policy programme
The authorities indicated that, due to the financial crisis, in 2008 the number of times since the State has to adjust the related products, export policy and tax rates in order to stabilize the export market, but at present the domestic economy is recovering from the low point to considerable levels, some original restrictive export measures will gradually restore to eliminate backward, energy-saving emission reduction is very important, is the Government on industrial restructuring and upgrading of a forceful measures.
Insider, in the external environment and export situation of unstable, and not very favourable cases, the relevant ministries to export policies of adjustment are still some differences, some ministries concerned tax adjustment is too large, the number of enterprises have a greater destruction, but high on two export restrictions determined gaoyizi is very strong.
The "specific programme is now in the Department of Commerce, development and Reform Commission, Ministry of industry and information, Ministry of finance and other ministries in the circulation of the specific programmes are still not finalized, you may want to publish the details of that genius know, time base in July. Some involve two gaoyizi industry products of export refund original motion to cancel all export refunds. "The source said.
SINA financial was informed that the State Council in the near future will be issued for the merger and reorganization of enterprises, to promote the restructuring of large enterprises to small and medium-sized enterprises, and enterprises to restructure illegal items, as well as backward production capacity enterprise restructuring, strengthen backward. The future will also improve the construction of the national reserve, and intensify efforts to develop the mine, resource priority configuration large enterprise groups, further promote resource tax reform.
Steel exports the maximum adjustment
Ministry of industry and information disclosed in this round of adjustment in steel export rebates to adjust the largest amount of iron and steel industry, and excess capacity, plus the cost of imported raw materials such as coal, steel profit jumped by serious extrusion, high level do not want this situation, China iron and steel products are still substantially export abroad, while energy consumption pollution are to remain in the country.
Insider, the current programme is considered down export rebates of some steel products, or to cancel the export thermal volume 9% tax on cold rolled and coated products for export tax rebates from 13% to 9%.
April, China's exports of steel 431 million tonnes, representing an increase in March 98 million tons, compared to the same period last year 205.67%, ring than 29.43 percent. 1-4-cumulative exports 1302 million tons, an increase of 98.8%. PTD has noted that this is such a high export growth caused a high level of attention.
But China before April that China's steel net exports only domestic production of 2.9 per cent, and China's annual production capacity of 6 million tonnes in the first position of steel-producing countries and do not match, you want to see even the United States's steel exports are growing. Hebei iron and steel (3.97,-0.06,-1.49%) said that export to large steel sheet metal factory, the current market situation and it is indeed difficult to understand the necessity of adjusting the tax refund, the export and the negative effects of business or a large, medium and large steel mills do not want the introduction of such measures.
Aluminum extrusion products export taxes or not to adjust the
Last year, to boost the non-ferrous metal industry, improve products for export tax rebates 23 items, with aluminium profile export tax rebate rate from 0 to 13%. Has the backing of refined copper-Clad Laminates for printed circuit from 5% to 17%. Copper aluminum also increase to 11% and 13%. Lower export tariff item 9. These aluminum pole export tariffs from 20% to 15%, unwrought aluminum not imposing export taxes.
In addition, the restoration of the processing trade, 27, of which only allows eligible specific enterprises CU concentrate processing trade, let go of the aluminium pole, profiles for product export processing trade
China National nonferrous metals industry association to Sina finance said that the export policy adjustment aluminum profile should not in its scope, and other kinds of products involved.
But the central part of lead and zinc smelting enterprises have pointed out that part of the lead-zinc processing of 5% of the export refund may be reduced or cancelled, many in the West smelting enterprises comply with the requirements of the industrial policy implemented by deep processing, but the project has just been completed on the adjustment policies allow enterprises to adapt, adjust it should also be differentiated.
Chemical products exporters will also be restricted
Last year the Ministry of Finance on the part of product tariff adjustments, i.e. 2009, July 1, cancellation of wheat, rice, beans and other food products and industrial goods such as sulphuric acid, steel export tariff, lower fine mesh talcum powder, small and medium-sized steel, part fluorine chemicals, part of tungsten, molybdenum and indium and other non-ferrous metals and their intermediate products export tariff. At the same time, in order to stabilize the agricultural production, the abolition of yellow phosphorus, phosphorus ore, ammonia, phosphate, ammonium chloride, TSP, dual compound fertilizer, and other products of particular export tariffs, etc.
Some analysts said that chemical products phosphorus premenstrual adjusted now exports of tariff is 35%, is likely to recover to the financial crisis the maximum tariff prior to 185% of the chemical areas of the adjustment of the coverage may not be small.
Insider, China has the advantage of tungsten and 10 kinds of rare metal previous is related policies limit their export, this limit may be increased, and the policy of adjusting the number of products involved industry is still considerably more will wait and see.
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