China's Export Tax Rebate Account Managed Loans Reality

Account of China's export tax refund loan business has been start for a relatively short time, and already achieved a certain degree of development and played an active role in development of export-oriented economy in China. For the most export enterprises, the financing difficulties hinder the increase of export operation and become a bottleneck to exploit the international market, and therefore the development of export tax refund loan business would be an important and effective means to resolve the financing difficulties. While for the commercial banks, development of export tax refund loan business hosting account is so a new strategic option to develop innovative financial products, with broad developed prospects as well.Combined with the current status of macroeconomic environment, the external environment for commercial banks, small and medium-sized export enterprises, the present investigation of the feasibility of the development of export tax refund loan business account. Exports of China's economic growth as one of the "Troika" of the GDP growth and reduce the employment pressure has played an irreplaceable role. With the international market and emerging business development, small and medium-sized export enterprises are growing thirst for liquidity. When the export tax rebates can not be paid in time, the export tax refund loans hosting account as a temporary relief for the businesses, and thus domestic and foreign trade chain can be linked up effectively. For the increasingly competitive commercial banks, a huge export market for credit Business Development Bank will inject great vitality from this operation as well. Export tax refund loan business hosting account can take full advantage of export potential advantages of its own, is also in line with bank mutual interests, hidden potential of a broad market.However, both opportunities and challenges exist in the same while. The development of export tax refund loan business hosting account faces with a good external environment currently, and nevertheless there are many difficulties and obstacles. National policies and regulations are imperfect, the market structure presents some abuses, and commercial banks have some unreasonable institutional factors. All unreasonable factors mentioned above will block development of the export tax rebate loan business hosting account in a certain degree, and affect its development momentum.Through comprehensive and in-depth analysis of export tax refund loan business hosting account for the development of opportunities and obstacles, it is found that we should be continuously improved based on the external environment, the gradual establishment of small and medium-sized enterprises export credit system, reform and improve the credit system of export tax rebates, and strive to open up the export tax rebate credit market, emphasizing the development of commercial bank loans for export tax rebates account hosting an important business operation management system to improve and strengthen risk prevention system, the use of export tax refund loan business hosting account effectively increase the leverage of foreign trade growth in the contribution to economic growth, the export promotion trade, health and sustainable development, the entire national economy maintained sustained and stable development.