Made in China faces a turning point in its partici

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The mode of "made in China" participating in globalization is facing a turning point

China's foreign trade and export-related industries are currently affected by the following three kinds of adverse factors: first, the adjustment of export tax rebate policy, second, the implementation of deposit account transfer management for some processing trade commodities, and third, the blockade of Chinese toys and food products in the international market due to quality and safety problems

the purpose of adjusting the export tax rebate policy is to alleviate the contradiction caused by China's excessive foreign trade surplus, restrain the export of high energy consumption, high pollution and resource products, and promote the balance of import and export trade. To this end, the relevant departments of the Chinese government issued the notice on reducing the export tax rebate rate of some commodities on June 18 this year, which stipulates that the export tax rebate policy of some commodities will be adjusted from July 1, 2007. The policy adjustment involves a total of 2831 commodities, accounting for about 37% of the total number of commodities in the customs tariff, including: the cancellation of 553 export tax rebates for high energy consumption, high pollution and resource products; Reduce the export tax rebate rate of 2268 commodities that are easy to cause the implementation of the development strategy of high efficiency and green plastic granulator, and change the export tax rebate of 10 commodities to the export tax exemption policy. The adjustment policy triggered the action of domestic exporters to "rush for exports" in June, resulting in a record high foreign trade surplus of US $26.91 billion that month

At the same time, the new catalogue of Restricted Commodities in processing trade, which was officially implemented on August 23, puts another hoop on China's processing and manufacturing industry. Among the 2247 restricted commodities, 1853 are new, and the new commodity categories mainly involve labor-intensive industries such as plastic raw materials, textile yarn, cloth, furniture, metal rough processing products, etc. According to the new policy, the processing trade of Restricted Commodities will be subject to the management of the actual transfer of bank guarantee accounts, that is, 50% of the tariff and import value-added tax payable on the imported materials and parts of Restricted Commodities will be paid as the account deposit. This is equivalent to tightening the "money" of enterprises involved, making the financial pressure of enterprises rise suddenly. According to preliminary statistics, more than 650 enterprises in Suzhou alone have been affected, and it is estimated that the margin occupied can reach 6billion yuan. It is also estimated that if the new deal is implemented, 40% of processing trade-related enterprises (nearly 4000) in Shenzhen will face the risk of being eliminated

the safety accusation from European and American markets that conventional electronic omnipotence mainly adopts servo electromechanical as the power source of Chinese products is the third hoop curse on China's processing and manufacturing industry. At present, a global public opinion environment has been formed to accuse Chinese products of being unsafe. A series of recalls of Chinese products by American enterprises have caused disaster and tragedy to some Chinese enterprises that are highly dependent on exports. Zhang Shuhong, one of the bosses of Lida Industrial Co., Ltd., who was involved in the lead pollution of Mattel, which led to the recall of pressure toys during the event, committed suicide in the warehouse of his Guangdong factory. This incident has dealt a blow to the entire toy manufacturing industry in China. At present, 80% of the global toy manufacturing volume is produced in China, 80% of China's toy production is concentrated in the Pearl River Delta, and 50% of the Pearl River Delta is concentrated in Shenzhen

the impact of this series of policy adjustments and changes in the market situation includes the two largest export processing cities in China - the Pearl River Delta and the Yangtze River Delta. These two regions are also the two growth poles of China's economy. Although it is difficult to judge how much China's export processing industry will be affected by this, it is certain that under the multiple shock waves, it is urgent for the manufacturing industry in the Pearl River Delta and Yangtze River Delta to accelerate the adjustment and upgrading of industrial structure

in the author's opinion, the dilemma faced by China's manufacturing industry with export processing as the main mode is a turning point with historical significance. It not only increases the financial burden and policy risks of domestic manufacturing, but also means that China's export processing and manufacturing industry is facing overall adjustment. In other words, changes in the domestic and international environment make it impossible for "made in China" to participate in globalization in the way it used to

the author believes that it is time for "made in China" to change the way they participate in Global Games by improving the mutual assistance mechanism. Of course, this process will be slow and long, but we must realize that the transformation has begun to take place

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