综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Opinion / Opinion Line

Tariff cuts alone not enough to encourage people to buy at home

(China Daily) Updated: 2015-06-02 07:40

Tariff cuts alone not enough to encourage people to buy at home

L'Oreal products in department store.[Photo/China Daily]

As of June 1, the import tariffs on 14 kinds of consumption goods, including clothing, shoes and skin care products were reduced by as much as 50 percent. Will that stop people buying these products overseas? Comments:

Price is not the only factor that decides where consumers buy products. The majority of people rush to purchase overseas products because they trust the quality more than domestic products. In order to bring consumption back within its borders, China needs to upgrade the industrial chain and promote innovation so that domestic enterprises make quality products, too.

xinhuanet.com, May 31

The tax authorities that set high tariff rates years ago must never have thought that people would do their shopping overseas instead of buying imported products at home. It is a wise decision to cut the import tariffs because that will help get the profits back into the country.

Nanchang Daily, June 1

Tariffs account for only a small percentage of the heavy tax burden that makes the domestic consumption costs high. For example, for an imported product labeled about 3,000 yuan ($485), domestic dealers could pay an import tariff of 150 yuan, 765 yuan in value-added tax and more than 1,300 yuan in consumption tax; the tax cut saves only a limited amount of the tariff. More tax cuts are needed if the authorities mean to attract consumers back from overseas.

Gao Wenyao, president of the Shanghai International Fashion Federation, June 1

The cut in tariffs will help start a robust engine for the domestic economy, which is witnessing relatively lower growth. In 2014 alone, Chinese residents spent over 1 trillion yuan on shopping overseas; experts estimate that if half of that can be spent at home, the growth rate will be increased by another 2 percentage points.

Zhang Jingwei, a researcher at independent think tank Chahar Institute, May 27

...
清原| 郧西县| 揭阳市| 华坪县| 鄂尔多斯市| 龙胜| 宝丰县| 阜康市| 岗巴县| 舟山市| 霍城县| 桐城市| 潼南县| 城固县| 凤山市| 邢台县| 嘉峪关市| 松阳县| 大港区| 南木林县| 聂荣县| 牟定县| 三门峡市| 泊头市| 临汾市| 门源| 鄱阳县| 阳西县| 永登县| 托里县| 环江| 腾冲县| 镇坪县| 乐昌市| 云南省| 西畴县| 潞城市| 福州市| 浙江省| 英山县| 桐梓县|