Home Appliances tariff reduction impact on the domestic market? - Color TV, electric water heaters,

Home Appliances tariff reduction impact on the domestic market

? - Color TV, electric water heaters,

From June 1, the state adjusted some of the goods import and export tariff rates on home appliances and other light industrial products from the lower provisional import tax rate, more than 20 categories household electrical appliances and parts greatly reduced the import tariff The average drop nearly 50%. This policy is his intention? Has always been highly competitive domestic appliance market will be affected?

Expert: Solving the trade surplus is too large, to meet national consumption needs

The merchandise import and export tariff adjustments concerning baby food, kitchen utensils, cutlery, food processing machines, vision correction lenses, building materials, decorative ceramics, household appliances and some other light industrial products import tentative implementation of lower tax rate, its provisional rate of imports -17%, 6%.

To home appliances, for example, range hoods, electric water heaters, air conditioners, refrigerators, washing machines and other large appliances used the import tariff rate from 10% raised to 6%; microwave oven, induction cooker and other kitchen appliances in the tariff rate from 15% to 8%; coffee machine, home automatic bread maker, electric shavers and other products tariffs drop more, have reached or exceeded 50%.

Academy of International Trade and Economic Cooperation of Dr. Mei Xinyu said that the state has adopted this policy has two objectives. The first is to promote balance of international payments, the current China's trade surplus is too large to bring more trouble to macroeconomic stability, but also significantly increased the pressure on China trade disputes facing. The reform of the national industrial structure and trade structure, enhance the goods, without prejudice to national independence under the premise of the advanced manufacturing industry to expand imports of manufactured goods, especially advanced technology and equipment to enhance domestic economic development, and rich in national life.

In September last year in China since the government implemented a trade-intensive control measures. General Administration of Customs released the latest data showed April trade surplus of 16.88 billion US dollars of China, an increase of 62.5%, higher than a quarter of slowing down 37.5 percentage points, reflecting the national macro-control and foreign trade policy adjustment effects are emerging.

"Household appliances and other light industrial products import tax reductions of the tentative, because our manufacturing industry's competitiveness in these industries has been very strong, will not reduce the import tax on domestic impact, but can meet part of the National consumer demand. "Mei Xinyu said.

Then, the domestic appliance market, the response like?

Foreign brand appliances: most of the domestic production joint venture

Reporters Suning, Dazhong, Gome appliance store and other major discovery, net imports of foreign brands is very small home appliances, is interested, few, but price changes do not show up, most foreign brand home appliances from the joint venture in China production.

Experts said, "technology, industrial gradient transfer rule" that the initial products of technological innovation is to create market power, and once the market will grow up, and gradually became the basis of competition into price-led, group production along the optimal location of facilities will be transferred to lower labor costs and lower raw material costs place.

With the Chinese market by foreign companies recognized their production bases to China one after another, China is the world's best home appliances production base has become the consensus of the international home appliance industry. Plant in China, while foreign enterprises in China from pure production, changes in both the production and marketing, eventually forming in China R & D, production and sales of "through-train."

The "through train" initiative, making the reduction in import tariffs on foreign brands was limited. Seller of a home appliance brand in Japan, says that this company is no longer essential to the Chinese imports, but exports to Japan, the production of home appliances in China.

Domestic enterprises: Competitiveness will not be undermined

Domestic brand enterprises generally believe that the current round of import tariff reduction will not affect its market share.

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