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    Home > Coatings News > Paints and Coatings Market > The manufacturing value-added tax rate has dropped from 16% to 13%!

    The manufacturing value-added tax rate has dropped from 16% to 13%!

    • Last Update: 2021-06-24
    • Source: Internet
    • Author: User
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    Global Coatings Network News:

    Global Coatings Network News:

    According to the government work report, this year's GDP is expected to grow by 6% to 6.


    According to the government work report, this year's GDP is expected to grow by 6% to 6.



    This year, the current 16% value-added tax rate for manufacturing industries in manufacturing industries will be reduced to 13% , and the current 10% value-added tax rate for industries such as transportation will be reduced to 9%.



    The burden of corporate taxation and social security contributions was reduced by nearly 2 trillion yuan throughout the year.



    We must earnestly let market players, especially small and micro enterprises, have a clear sense of tax cuts and fee reductions, and resolutely fulfill our promises to enterprises and society.



    This will put a lot of pressure on the finances at all levels.





    In fact, as early as this year, in the "Dialogue" column of CCTV, Li Yizhong, chairman of the China Federation of Industrial Economics, stated the current situation of China's industry.






    Li Yizhong:

    I call for a reduction in the value-added tax rate of the manufacturing industry because the profit is too low!

    Li Yizhong:

    Li Yizhong: Li Yizhong: Li Yizhong:

    I call for a reduction in the value-added tax rate of the manufacturing industry because the profit is too low!

    I call for a reduction in the value-added tax rate of the manufacturing industry because the profit is too low! I call for a reduction in the value-added tax rate of the manufacturing industry because the profit is too low!



    The trend of Chinese manufacturing to high-end manufacturing is obvious.
    Chinese industrial people have used their strength to prop up the power of Chinese industry.
    In the future, how can we let more people stick to Chinese industry together?

    The trend of Chinese manufacturing to high-end manufacturing is obvious.
    Chinese industrial people have used their strength to prop up the power of Chinese industry.
    In the future, how can we let more people stick to Chinese industry together?




    To address this issue, the former Minister of the Ministry of Industry, the China Federation of Industrial Economics Li replied, regardless of the economic development to what time do not take off the real to the imaginary, the real economy is that we win the initiative of the foundation in international competition, the US financial crisis after eating After suffering a big loss, learning from the lesson, to revitalize the manufacturing industry, and to re-industrialize, it actually did the same.

    To address this issue, the former Minister of the Ministry of Industry, the China Federation of Industrial Economics Li replied, regardless of the economic development to what time do not take off the real to the imaginary, the real economy is that we win the initiative of the foundation in international competition, the US financial crisis after eating After a big loss, we learned lessons to revitalize the manufacturing industry and re-industrialize.
    It actually did the same.
    In response to this question, Li Yizhong, former Minister of Industry and Information Technology and President of the China Federation of Industry and Economics, replied that no matter when the economy develops, we should not break away from reality.
    The real economy is the foundation for us to win the initiative in international competition, no matter what the economic development.
    Don’t get out of reality at all times.
    The real economy is the foundation for us to win the initiative in international competition.
    After the financial crisis in the United States, we have suffered a lot.
    We have learned lessons to revitalize the manufacturing industry and re-industrialize.
    This is actually what it did.
    .






    What is China's national conditions?

    What is China's national conditions? What is China's national conditions? What is China's national conditions?






    First, 1.
    39 billion Chinese people rely on themselves for food, clothing, shelter, transportation and use.

    Second, a strong national defense.
    Air, land, and sea.
    We have to build our own weapons.
    There are only two aircraft carriers.
    The J-10, J-15, J-20, nuclear submarines and conventional weapons have to be built by ourselves.
    Can someone else sell it to you?

    Third, we are a big import and export country, the world's largest exporter and the second largest importer in the world.
    What are you exporting? 95% of exports of goods are industrial products (with low added value), and 72% of imports are industrial products, which are those industrial products that we still cannot produce and we still need.

    First, 1.
    39 billion Chinese people rely on themselves for food, clothing, shelter, transportation and use.

    First, 1.
    39 billion Chinese people rely on themselves for food, clothing, shelter, transportation and use.

    Second, a strong national defense.
    Air, land, and sea.
    We have to build our own weapons.
    There are only two aircraft carriers.
    The J-10, J-15, J-20, nuclear submarines and conventional weapons have to be built by ourselves.
    Can someone else sell it to you?

    Second, a strong national defense.
    Air, land, and sea.
    We have to build our own weapons.
    There are only two aircraft carriers.
    The J-10, J-15, J-20, nuclear submarines and conventional weapons have to be built by ourselves.
    Can someone else sell it to you?

    Third, we are a big import and export country, the world's largest exporter and the second largest importer in the world.
    What are you exporting? 95% of exports of goods are industrial products (with low added value), and 72% of imports are industrial products, which are those industrial products that we still cannot produce and we still need.

    Third, we are a big import and export country, the world's largest exporter and the second largest importer in the world.
    What are you exporting? 95% of exports of goods are industrial products (with low added value), and 72% of imports are industrial products, which are those industrial products that we still cannot produce and we still need.

    And our industry is still big but not strong.
    It is a big manufacturing country, not a strong manufacturing country.
    Our products are still at the middle and low end.
    To say that the importance of industry is not to belittle other industries, but there is indeed a hollowing out of industry.
    , The phenomenon of industry being marginalized.

    And our industry is still big but not strong.
    It is a big manufacturing country, not a strong manufacturing country.
    Our products are still at the middle and low end.
    To say that the importance of industry is not to belittle other industries, but there is indeed a hollowing out of industry.
    , The phenomenon of industry being marginalized.
    And our current industry is still big but not strong, it is a big manufacturing country, not a strong manufacturing country, and our current industry is still big but not strong, a big manufacturing country, not a strong manufacturing country, andour products are still in the low-end.
    To say that the importance of industry is not to belittle other industries, but there is indeed a phenomenon that industries are hollowed out and industries are marginalized.
    There is indeed a phenomenon where industry is hollowed out and industry is marginalized.










    The issue of "being out of reality and turning out of reality " has been raised for 1989.
    The central government has taken it seriously and has taken many measures, but to be realistic, it has not been fundamentally resolved.

    The issue of "being out of reality and turning out of reality " has been raised for 1989.
    The central government has taken it seriously and has taken many measures.
    However, to be realistic, it has not been fundamentally resolved.
    "Off to the virtual reality ," "offthe real to the imaginary ," "offthe real to the imaginary", "this issue, raised in 2089, the central attaches great importance, has taken many measures, but realistically speaking,not been fundamentally resolved.
    Not solved .






    How many of our young people are still willing to engage in industry and manufacturing?

    How many of our young people are still willing to engage in industry and manufacturing? How many of our young people are still willing to engage in industry and manufacturing?



    To improve the social status and treatment of our highly skilled personnel, there should be an atmosphere!

    To improve the social status and treatment of our highly skilled personnel, there should be an atmosphere!




    How to fundamentally solve the problem of hollowing out industry?

    How to fundamentally solve the problem of hollowing out industry? How to fundamentally solve the problem of hollowing out industry? How to fundamentally solve the problem of hollowing out industry?






    Li Yizhong said,

    Li Yizhong said, Li Yizhong said, Li Yizhong said,

    It is necessary to clarify the various misunderstandings in the understanding of industrial manufacturing, the ideological understanding is unified, and it is valued, so that it will not be hollowed out and marginalized.

    It is necessary to clarify the various misunderstandings in the understanding of industrial manufacturing, the ideological understanding is unified, and it is valued, so that it will not be hollowed out and marginalized.




    What is hollowing? Capital investment, talents, and resources are no longer flowing to industry, but to other places.

    What is hollowing? Capital investment, talents, and resources are no longer flowing to industry, but to other places.



    What is marginalization? Because it doesn't pay enough attention to it, I don't think it will work if this continues.
    It is very dangerous.

    What is marginalization? Because it doesn't pay enough attention to it, I don't think it will work if this continues.
    It is very dangerous.



    Therefore, first of all, to solve this ideological and understanding problem, a fiscal and taxation, a finance, must support industry, support the real economy, doing a lot is not enough.

    Therefore, first of all, to solve this ideological and understanding problem, a fiscal and taxation, a finance, must support industry, support the real economy, doing a lot is not enough.



    For example, on the tax issue, I am now calling for tax cuts, and I also hope that tax cuts can be substantially reduced.
    For example, there are three levels of value-added tax in the country, at 17%, which is reduced by one point, 16%, 10%, and 6%.
    Why does the manufacturing industry want 16%? And in other industries, most of them, the vast majority are 10% and 6%?

    For example, on the tax issue, I am now calling for tax cuts, and I also hope that tax cuts can be substantially reduced.
    For example, there are three levels of value-added tax in the country, at 17%, which is reduced by one point, 16%, 10%, and 6%.
    Why does the manufacturing industry want 16%? And in other industries, most of them, the vast majority are 10% and 6%?



    I call for a reduction in the value-added tax rate of this manufacturing industry! Because the profit of manufacturing is too low, it is not profitable to engage in manufacturing, and capital always flows to industries with high average utilization rates.
    This cannot be blamed on investors for not giving investment, because it is true that profits are not high.

    I call for a reduction in the value-added tax rate of this manufacturing industry! Because the profit of manufacturing is too low, it is not profitable to engage in manufacturing, and capital always flows to industries with high average utilization rates.
    This cannot be blamed on investors for not giving investment, because it is true that profits are not high.



    Another example is finance.
    There is a statistical data.
    Of all bank loans, the total amount is probably 125 trillion at the end of last year.
    Why is only about 15% given to industry?

    Another example is finance.
    There is a statistical data.
    Of all bank loans, the total amount is probably 125 trillion at the end of last year.
    Why is only about 15% given to industry?



    I ran a lot of provinces, about 18% high, 12%, 13% low, financing is difficult and expensive for many years, there is no fundamental change.

    I ran a lot of provinces, about 18% high, 12%, 13% low, financing is difficult and expensive for many years, there is no fundamental change.



    In this way, we must care about the real economy from the whole society, especially the industrial manufacturing industry.

    In this way, we must care about the real economy from the whole society, especially the industrial manufacturing industry.




    Although Premier Li has already spoken out in the report of the two sessions, an industrial power and a manufacturing power rely on our joint efforts.

    Although Premier Li has already spoken out in the report of the two sessions, an industrial power and a manufacturing power rely on our joint efforts.

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