Published time：2018/01/06 15:47:18
Domestic "Hai Tao off" is about to usher in a new round of policy dividends. On November 2, at the press conference for the preparation of the first China International Import Expo, Vice Minister Wang Bingnan introduced that in the future, the Ministry of Commerce will optimize the import structure by reducing the tariffs on some consumer goods and increasing the import of consumer goods. It is understood that since 2015, China has lowered its tariffs on nearly 300 kinds of daily necessities in two phases and further boosted imports through fiscal and financial means. Some analysts believe that, while benefiting consumers, lower tariffs will also help expand the development of domestic cross-border electricity suppliers.
"The Chinese government has always attached great importance to importation. In recent years, we have adopted a proactive and effective import policy and actively expanded imports through various channels." According to Wang Bingnan, the next MOFCOM will also take three measures to expand imports, including improving and expanding the import taxation policy And financial policies to reduce the tariffs on some consumer goods and increase the import of consumer goods. At the same time, the banking financial institutions should be encouraged to increase their support for import credit and expand the import of advanced technical equipment and key components.
Reporter combing found that in 2015 China has deployed more than one round of reducing duties on commodities. In June 2015, the Ministry of Finance lowered the import tariffs on some consumer goods such as clothing, footwear, skin care products and diapers by more than 50% on average. Subsequently, on the New Year's Day last year, the Ministry of Finance announced once again that the tariffs on the import of goods such as bags, clothing and vacuum insulated mugs with a relatively higher tax rate and greater import demand elasticity should be lowered. After adjustment, import tariffs on suits, fur garments and other popular consumer concerns dropped from 14% -23% to 7% -10% and import duties on diapers dropped from 7.5% to 2%.
Zhao Ping, director of International Trade Research Department of China CCPIT Research Institute, introduced two rounds of tax deductions with a total of nearly 300 kinds of daily-use consumer goods.
In addition, in June last year, the State Council also promulgated the "Opinions on Promoting the Steady Development of Foreign Trade and Trade," and again stressed the need to reduce tariffs on some consumer goods and guide the return of overseas consumption.
Zhao Ping believes that the import of daily necessities in China has been rising year by year in recent years, but its share in the total foreign trade is only about 10%, which is not equivalent to that of the world's second largest consumer market. "As the domestic consumption structure Upgrade, demand for high-quality, specialty goods from abroad is particularly strong, there is indeed room for improvement in imports. " Another analysis shows that one of the important reasons why people prefer overseas shopping is the spread between domestic and foreign products, and the root cause of the price difference is a higher tax rate. Therefore, the reduction in multiple rounds of tariffs will effectively promote the return of consumption and facilitate the importation process. This move It can also further boost the domestic market and increase the stimulating effect of consumption on economic growth.