Rethinking Targeting Of China’s Export Tax Rebate Policy

Export tax rebate is implemented by exporters, based on the principle of taxequality and no double taxation, to encourage enterprises to produce andexportcommodity, which means “Go global”, and enhance their competitiveness inthe market. The export tax rebate policy is an important part of China’s import andexport tax policies. From the beginning of the implementation, Adjustment of China’sexport tax rebate policy has not stopped, so that the export tax rebate policy graduallytake on a variety of targets of different nature. Strengthening of multiple targets willimpact stability and authority of macroeconomic policy and diversely affect thecompany and the tax department at the same time. This dissertation starts with thetarget of China’s export tax rebate policy, from perspective of the export tax rebaterate，discusses the possible improvement program of China’s export tax rebate policy.Firstly this dissertation combs the development process of policy, and then analyzesgradually changing goals in this process, using the empirical methods to assess theeffect of the policy in trade and industrial structure adjustment. Finally, thisdissertation uses qualitative analysis method to state the target of China’s export taxrebate policy from perspective of the International Trade and WTO, and theoreticallyanalyze conflict between the multiple objectives, hoping to provide some usefulsuggestions to the development of China’s import and export tax policies. Forexample, policy makers should determine the optimal export tax rebate rate varyingthe product, improve the industrial, fiscal, exchange rate policy to gradually reducedependence on the export tax rebate policy，try to simplify the management of exporttax rebate programs.