subject: Vigorously Protect The National Export Policy, Household Electrical Appliance Enterprises Or Benefit [print this page] Improve some of its technical content and high value-added mechanical and electrical products export tax refund rate policy, may allow our
Home Appliances Enterprise gains greatly. State Council executive meeting held recently to study the deployment invigorate circulation, expand consumption and to maintain steady growth in foreign trade policy measures. The meeting of identified tax policy support to increase and improve the mechanical and electrical products export tax refund rate policy. It is understood, including
Refrigerator , Air conditioning , Washing machine , Black and white TV and other major home appliances including household appliances, including most of the products included in the scope of this up. Industry experts point out, in order to
TCL The United States for or on behalf of the Chinese household electrical appliance enterprises benefit.
Boost market confidence Ministry of Finance said the export tax rebate rate adjustment, is our active response to the current complex international and domestic economic situation and the proactive fiscal policy is another initiative will help alleviate the difficulties enterprises, enhance overcome
Financial Crisis of confidence. Obviously, the financial turmoil, the future of home appliance industry, the total global demand falling, the industry will become increasingly difficult, part of the patented technology without its own brand or business prospects are not promising more. At this point raise the export tax rebate rate of the national launch of the policy, and increasing support of the efforts of the entire industry, largely boosted business confidence.
Industry analysts said, the state introduced the policy is bound to stimulate the export of home appliances, as well as the impact of the global financial tsunami company installed a "shock zone", and slow down because they were forced to upgrade, restructuring brought to the pain.
Improve profit margins Experts pointed out that raising the export tax rebate policy in this introduction, the most immediate good news is that profit margins can increase the export business, which is under the influence of the financial crisis to secure the export of household electrical appliance enterprises is undoubtedly good news. As the TCL Group, Gree, Midea, etc. may be more benefit from the export tax rebate rate of rise. As the delivery of orders, this tax rate increases the impact on exports may be reflected in the first quarter of this year.
Appliance industry analysts said Lo Ren night to raise export tax rebate rate to bring the most immediate benefit is that lower business costs, while exports to the home appliances business benefits, including the effective release of production capacity, increasing employment opportunities, increase in international market share and so on. Meanwhile, the company increased the export tax rebate rate can also encourage enterprises to enter the international market.
Challenges opportunities Industry pointed out that the biggest problem facing the home appliance business is slowing down domestic demand, how to effectively stimulate the growth in sales of household electrical appliance enterprises an important way out of the woods. Public information, 1 September 2008, China's total export volume of major home appliances are different degrees of growth fell in 2009, may be more difficult. However, the financial crisis impact on home appliances business, the situation will be different in different enterprises, large enterprises of scale and brand effect may help tide them over. TCL Group as mentioned above, the company in September 2008, in October, November for 3 months
LCD TV Sales were up 189.5 percent, 184.7 percent, 269.2 percent. At a time when the international financial crisis sweeping the globe, while TCL LCD TV sales increase buck the trend, indicating that large-scale enterprises to resist financial turmoil has a considerable edge.
Industry analysts point out that during the financial turmoil, companies continue to do as long as cost control, improve operational efficiency, use of
Sell
Channels, we can survive the current financial crisis.