Fiscal And Taxation Policies Urge Structural Adjustment Of Footwear Industry

In fact, not only did the fiscal revenue increase substantially in the first half of this year, from the national perspective, the adjustment of the industrial structure also tended to be optimized. Some high technology and high added value industries still developed rapidly, and they would be the focus of further fiscal and tax policies.

In Kunshan, Jiangsu, the world's largest baby car manufacturer has improved production efficiency through technological innovation, greatly improving production efficiency. The output value of the first half of this year has reached 6 billion, but also in Kunshan, the textile enterprise, facing the pressure of rising raw materials and environmental protection, does not have to stop the operation of the machine.

Huang Peiwen, chief financial officer of Kui Ming dyeing and printing industry Co., Ltd., Kunshan, said: "there should be no profit. If we let the machine move, we will probably lose about one million in a month. Now we think that we want to pform, that is, we should not do this industry that pollute the environment."

The adjustment of industrial structure can also be reflected from a number of figures: in the first half of this year, the export growth of traditional commodities such as textiles, clothing and footwear showed signs of slowing down; however, the export growth of mechanical and electrical products was good, and the volume of exports increased by 25.4%, representing 58.3% of the total export value of the same period, representing an increase of 1.6 percentage points over the same period last year. In Zhejiang Province, although some small and medium-sized manufacturing industries were faced with many difficulties, Zhejiang's foreign trade exports rebounded strongly in June, reaching 14 billion 160 million US dollars, up 32% over the same period last year, of which exports of ships, auto parts and semiconductor devices increased rapidly.

It is worth noting that since the second half of last year, China has abolished the export tax rebates for resource intensive commodities with high energy consumption and high pollution, and greatly increased the resource tax of products such as lead, zinc, copper and tungsten.

At the same time, in order to optimize the structure of foreign trade and promote industrial upgrading, the Ministry of finance has issued a series of policies and measures to support enterprises in enhancing their capability of independent innovation and promoting the upgrading and structural adjustment of electromechanical and hi-tech industries.