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| Author: | Liu, Xiangdong |
| Title: | The impacts of the reform and adjustment of imports and export tax policy on China's foreign trade and introduction of foreign investment (original in Chinese) |
| Journal: | Management World (c)
1996 : 3, p.5-7 |
| Index terms: | FOREIGN INVESTMENT INTERNATIONAL TRADE CHINA |
| Language: | chi |
| Abstract: | The reform and adjustment of the import and export tax policy, especially the import tax policy, is beneficial to imports. Reducing the general level of tariff to 35% has provided more favorable conditions for foreign commodities entering China's market. An even faster increase of imports can be expected in the recent years. We can see this facts that the import in January and February, 1996 had an increase of 34.1%, composed with that of the same period last year. But our export becomes more difficult, the twice reduction of export tax refund rate will add 0.5 to 0.6 yuan RMB to the export cost. And the national export showed an negative increase in Jan. and Feb. 1996, which reflects the difficulties of the exports. |
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