China's Current Export Tax Rebate System

The export drawback as a policy permitted by WTO takes an important role in encouraging export accelerating GDP and ensuring export commodities participate in competition of international market at a price excluding the indirect tax imposed by nation revenue department.The present policy is the outcome of exploration and reform. After continuous implement export drawback policy was established in 1994.As a means of macroeconomic regulation the export drawback policy takes the leverage in national import-export trade But, the frequent adjustment of export drawback policy has affected the policy continuity and brought the disadvantageous influence on enterprise's long-term plan cost estimation as well as the supervision of revenue department. Therefore, at present studying our financial circumstance, analyzing contradiction of present export drawback policy then proposing corresponding suggestions to consummate the policy are problems to be solved urgently.This thesis focuses on the problems of present export drawback policy. After researching the effect of export drawback policy studying the international experience concerning export drawback policy analyzing the influence of export drawback policy on the domestic financial circumstance, reviewing previous reforms of export drawback policy , This thesis expose contradiction of present export drawback policy subsequently propose constructive suggestions. The structure of this thesis is as follows:The first chapter introduces the theories about export drawback which is the foundation of the text. At first, it define the meaning and the principle of the export drawback policy, then analyze the economic welfare effect of the export drawback, It can draw the conclusion ,a good export drawback system can bring the maximization of welfare utility to country. Therefore, it is necessary to carry out export drawback policy. The second chapter introduces the international comparison of the export drawback policy. The text chooses France Italy and Korea as models, analyzing comparison separately from the export drawback rates of various countries, the export drawback management style and the way of export drawback. It can draw the conclusion, good circulating the roller chain of taxes is a precondition of setting up the perfect export drawback mechanism and high-efficiently, advanced management is the guarantee of the perfect export drawback mechanism.The third chapter analyzes the influence of export drawback policy on the domestic financial circumstance. As the export drawback is a trade policy, it has important influence on aspects of our macroeconomics. So, first briefly make the analysis between export trade and GDP, and then made positivism analysis of the export drawback policy, including the cost of foreign exchange, scale of export, foreign trade and processing trade etc. It reflects the importance of export drawback policy.The forth chapter summarizes the history content and character of export drawback policy and circumstantiates main content of the current the export drawback policy, which have established the foundation for the conclusion for the future.The fifth chapter exposes the problems of present export drawback policy, subsequently proposes constructive suggestions concerned, which is the conclusion of the text. At first, it exposes the problems of present export drawback policy, which are revenue transfer between local governments, the separation of imposition and drawback, the disunion of the export drawback management styles. Then aiming at the above problems, it proposes constructive suggestions as follows: adopting "exemption procurement", consummating "exemption counteraction drawback" and performing the combination of imposition and drawback. These suggestions are reasonable constructive as well as effective.Export drawback policy is consummating unceasingly along with the economic development, therefore it is necessary to enrich export drawback theory, and according to the situation of domestic economic, adjust export drawback policy to make the export drawback policy more effective in drawing the trade and economic growth.