Chinanews client, Beijing, July 29 (Reporter Li Jinlei) China's foreign trade exports have maintained positive year-on-year growth for three consecutive months since April. Behind this change, taxation has played an important role.

  The reporter learned from the State Administration of Taxation that in the first half of the year, a total of 812.8 billion yuan in export tax rebates (exemptions) were processed nationwide, which effectively eased the financial pressure of export enterprises and reduced their capital costs.

The picture shows the staff serving enterprises of the Taxation Bureau of Dalian High-tech Industrial Park. Photo by Zuo Xin

Policy overweight helps foreign trade companies overcome difficulties

  Since the outbreak of the new crown pneumonia epidemic, the state has introduced a series of assistance policies such as raising the export tax rebate rate and supporting the transfer of exports to domestic sales to help foreign trade companies overcome difficulties, protect the market, and guarantee orders.

  In March this year, the State Administration of Taxation and the Ministry of Finance jointly issued the "Announcement on Increasing Export Tax Rebate Rates for Certain Products", which increased the export tax rebate rates for 1,464 products. Among them, the export tax rebate rate of 1084 products has been increased to 13%. The new taxation deal immediately injected "live water" into enterprise development.

  "This time the country has raised the export tax rebate rate for some products. Our company’s emery cloth, sandpaper and other products can benefit. The tax rebate rate has been adjusted from 10% to 13%. In the first half of this year, the export tax rebate amount will be increased by more than 1 million yuan. It helps a lot." said Chen Xiaoming, the financial manager of Shandong Bosch Abrasives Industry Co., Ltd.

  "The export tax rebate of more than 77 million yuan will soon be accounted for. In this special period, our financial pressure has been relieved in a timely manner, so that we have greater confidence to deal with the challenge of the epidemic." Dongguan Deput Electronics Co., Ltd. Finance Director Yu Jianming said.

  According to statistics, as of the end of June, nearly 25,000 export companies across the country have enjoyed this policy dividend, providing a strong support for foreign trade companies.

  As the epidemic continues to spread around the world and demand in the international market continues to shrink, many foreign trade companies have also turned their attention to the "domestic market", and the taxation department has provided "supplies" to the companies in a timely manner.

  Lian Yushan, executive deputy general manager of Guangdong Ouya Home Furnishing Co., Ltd., said that during the epidemic, inspired by the "home economy", the company switched to the domestic market. "Since this year, we have enjoyed export tax rebates of 6.59 million yuan and social security fee reductions of 2.244 million yuan, which provides financial support for us to move to the domestic market."

The picture shows the container terminal of Tianjin Port.

Tax rebate acceleration and efficiency  non-contact + tolerance handling

  In the first half of the year, the taxation department helped enterprises make full use of export tax rebate policies, and introduced a series of measures in terms of increasing import and export tax rebate facilitation and speeding up export tax rebates to promote export tax rebate speed and efficiency.

  In order to speed up tax rebates, local tax authorities have actively opened green channels for export tax rebates, implemented non-contact processing such as "online" and "paperless" export tax rebates, continued to increase the average processing time for export tax rebates, and spurred corporate capital flows.

  "The export tax rebate funds will soon arrive. At this time, we deeply feel the strong tax support behind it." said Mr. Hu, the person in charge of Zhonglong Bearing Co., Ltd. in Guangde City, Anhui Province.

  "Contactless" tax administration is safe and efficient, helping enterprises to accelerate the flow of funds. According to statistics, since the implementation of the "contactless" handling of export tax rebates on February 10, about 300,000 enterprises across the country have processed 629.6 billion yuan in tax refunds (exemptions) through "contactless" methods.

  In addition, in the first half of the year, a total of about 11,000 new export companies across the country enjoyed the service bonus of “tolerant” processing, and obtained tax refunds (exemptions) of nearly 10 billion yuan, which effectively reduced taxation costs and “activated” funds in a timely manner. Into the hands of the enterprise.

  Li Wanfu, the vice president of the Chinese Taxation Society, said that the taxation department continues to optimize the tax business environment by making “decrease” the tax burden of enterprises and “add” the tax-related dividends, so as to make the sleeping capital in the enterprise. "Live" to leverage the competitiveness and market vitality of foreign trade enterprises. (Finish)