Corporate capital turnover is affected.
Not long ago, the data released by the General Administration of Customs showed that in the first half of this year, China achieved a trade surplus of112.53 billion US dollars, an increase of 23.3% over the same period last year. Stimulated by this figure, it is logical for the government to further tighten the processing trade policy.
The new policy adds 1853 commodity tax number to the original restricted catalogue, accounting for 15% of all Harmonized System codes. The new policy will be officially implemented on August 23rd. It also stipulates that industries listed in the category of processing trade restrictions must implement the "real transfer" of bank deposit accounts. In other words, when importing raw materials, enterprises need to deposit a considerable amount of deposit into the account designated by the customs, and then get back the deposit after export verification. The security deposit is 50% of the taxable amount of imported materials or 100% according to the credit rating of the enterprise.
In fact, account deposit is not a new measure, but this new policy has increased the proportion of deposits. A person in charge of a textile enterprise in Guangzhou recalled to reporters that the proportion of account deposits in the past was about 20% ~ 30%. The implementation of the margin policy means that the operating costs of enterprises will increase substantially in the second half of the year, facing a great test of survival. It is generally believed in the industry that this inhibits the capital flow of processing trade enterprises.
Forcing enterprises to move to the periphery
Experts predict that a series of new processing trade policies will force enterprises to transfer to neighboring provinces and cities in Guangdong. It is worth noting that this policy adjustment has implemented different policies for the eastern and central and western regions: the newly established foreign trade enterprises in the eastern region will not approve the processing trade of restricted commodities, and the A and B categories in the central and western regions will implement idle management of bank deposit accounts. A person from the Ministry of Commerce said that this arrangement is mainly to guide the gradient transfer of processing trade to the central and western regions.
Chen Changyou, vice president of Hao Yun Group, a Hong Kong-funded enterprise, told the Times reporter, "We are considering the transfer and found suitable places in Hunan, Jiangxi and other regions." In fact, the relevant person in charge of the Guangzhou Chamber of Commerce for Enterprises with Foreign Investment recently led its member enterprises to visit 14 cities in 8 provinces non-stop to inspect the investment environment.
However, like many foreign businessmen, Chen Changyou is also worried that after 357, other provinces and cities will repeat Guangdong's development path and restrict the development of labor-intensive enterprises. But there is no way, just do it for a few years if you can.
However, Li, vice president of the Institute of International Trade and Economic Cooperation of the Ministry of Commerce, believes that the New Deal will not have an impact on Guangdong's processing trade. He believes that in the future, the state will gradually introduce policies to restrict processing trade.
Chen Changyou told reporters that the policies already introduced are still affordable, and a large number of small and medium-sized enterprises may be eliminated. The expectation of future policy direction is not optimistic.
Background: The new policy has a wide influence.
20% of processing enterprises may reduce production.
As a measure to promote the upgrading of industrial structure, the adjustment of processing trade policy has been frequently used by management in recent years. Processing trade has been in the forefront of the Pearl River Delta region, so it has been greatly impacted. It is understood that there are 85,000 foreign-funded enterprises in China, about 46,000 in Hong Kong and Macao, and about 1.5 million in Taiwan Province, which have great driving force and influence on the economic chain.
In June 1 1 this month, the research report published by the Greater Pearl River Delta Commercial Committee led by the Hong Kong Government pointed out that if the relevant policies are further tightened or even the relevant tax incentives are completely revoked, 1500 enterprises will stop production, and the number of manufacturers interested in stopping production or reducing production scale will reach 100, accounting for 2/kloc of Hong Kong businessmen in the Pearl River Delta.
Last June, 5438+065438+ 10, the Ministry of Commerce, the General Administration of Customs and the General Administration of Environmental Protection published a new batch of prohibited categories of processing trade. Due to the opposition of Hong Kong enterprises, this adjustment was finally put on hold for one year.