A Study On The Adjusted Export Rebate Policy In China

In recent years, China has been a big country in production, consumption, import and export trading over the world. Economic globalization raises many problems about China's foreign trade. One of an important question is how to promote balanced trade and optimizing the structure, and how to resolve the sound and fast development, while the export tax rebate policy is one important policy instrument to solve this problem. The export tax rebate policy refers to a country act according to its law of tax revenue, return the tax money to the exportation enterprises, who's export commodity has already declared leaves the country. The tax money includes the value added tax or indirect tax be on move as the excise, which had already been paid by the enterprises in various links of produces and circulates before the exportation. The country use this policy to put forth the commodity by not to contain the tax to enter the international mark, to avoid double taxation of transnational goods, thus promotes its foreign export trade.Since the second half of 2006, with the development of the international and domestic economic trend, the government has issued a series of the export tax rebate policy, which have an effect on foreign trade development, and then utilize the taxation leverage to adjust the structure of the export products. Since the 2004 the export tax rebate policy reform, whether from adjusting range or margin, a new round of adjustment is unprecedented in history. The reform curb exports of "high-polluting, high-energy-consuming and resource-dependent" enterprise, for example, iron steel and non-ferrous industry. These measures greatly relieve the strain on china's natural resources, and optimize the industry structure as well as realize the sustainable development. Reform is a double-edged sword, although great achievements have been obtained, the policy suffers from some problems become apparent during application in practice. This is really a serious problem, which need our close attention and analytical study. We need to work hard to solve all these problems by a list of minor corrective actions.