On July 23, the Ministry of Commerce and the General Administration of Customs jointly issued Announcement No. 44 of 2007 to announce a new batch of processing trade restriction categories, mainly related to labor-intensive industries such as plastic raw materials and products, textile yarns, cloth and furniture. A total of 1853 ten-digit commodity tax numbers. The announcement stipulates that enterprises in the eastern region are engaged in the processing of restricted commodities, and implement the “real transfer†management of bank guarantee accounts.
The announcement stipulates that the new policy will be implemented from August 23. Processing trade contracts that have been previously filed with the customs are not subject to this policy.
The new policy has just begun to be implemented. Why is it necessary to make adjustments? The key is this measure, which increases the financial burden of companies engaged in restricted processing trade.
In order to smoothly achieve the adjustment target of the processing trade policy, the feasibility of the policy is guaranteed. After the policy was introduced, according to the requirements of the State Council, the Ministry of Commerce, together with relevant departments, listened to the opinions of local departments and domestic and foreign industries, especially the opinions of Hong Kong, Macao and Taiwan enterprises. After careful research and overall balance, the relevant departments have proposed a solution to the problem of “real turn†of the accounts that the company cares about.
On September 5, the Ministry of Commerce, the General Administration of Customs and the China Banking Regulatory Commission issued the No. 71 announcement, which stipulates that processing trade enterprises can pay the deposit of the account in various forms such as cash and insurance letters.
In the original year, the second batch of processing trade restriction categories was issued. According to the requirements of the State Council, the Ministry of Commerce and other departments will conduct specific analysis and evaluation of commodities, treat them differently, and then consider the timing and transition period on the basis of fully listening to opinions from all sides. problem.
The State Council attached great importance to the opinions and suggestions of the industry and decided to suspend its implementation. The Ministry of Commerce will work with relevant departments to study supporting measures and propose a multi-channel solution to the problem of re-importing domestic products.
The processing trade combines foreign investment, foreign trade and industry, and plays an important role in the national economic development. It has brought international professional management experience and commercial channels, upgraded the national industrial technology level, and trained a large number of outstanding technical talents. A lot of job opportunities.
Wei Jianguo believes that the state's appropriate adjustments to the processing trade policy are mainly to meet the needs of the development of the domestic macroeconomic situation and to adapt to the changing needs of the international trade environment. It is an important measure to prohibit and restrict the "two high and one capital" products and processing trade with low processing level, improve access management, improve environmental protection requirements, and promote the gradient of processing trade. It is an important measure to improve the development level of processing trade and implement sustainable development strategies. He hopes that enterprises engaged in processing trade can adjust their production structure and adjust their production methods in accordance with the policy adjustment orientation, and they can realize the transformation and upgrading in the true sense, seize the opportunity, and move to higher technology content, greater value-added links and autonomy. Brand development takes the lead in the international competition of globalization.
As the production costs of land, labor, water and electricity in the eastern coastal areas have risen rapidly, the Ministry of Commerce has proposed to promote the transfer of processing trade to the central and western regions, and to promote it as a concrete measure to cope with the rise of the central region, the development of the western region, and the revitalization of the old industrial bases in the northeast. Coordinated development of processing trade areas. However, some enterprises also reported that the investment environment in the central and western regions is not as good as the eastern coastal areas, and transportation costs are high. For these reflections, the Ministry of Commerce is working with relevant departments to study policies and measures to support the development of the central and western regions and to undertake the transfer of processing trade to ensure that processing trade continues to develop healthily.
Vice Minister of Commerce Wei Jianguo explained the fine-tuning of processing trade policy
Vice Minister of Commerce Wei Jianguo revealed at the Taiwan Business Forum held here on the 6th that the Ministry of Commerce, together with the relevant departments, listened to the opinions of the State Council and approved the approval of the State Council to allow the processing trade enterprises to use the insurance and other guarantees. The form pays a deposit. For the next batch of processing trade restrictions, the scope of the catalogue will also consider the timing of the introduction and the transition period on the basis of fully listening to the opinions of all parties.