Export tax rebate policy should be conducive to long-term investment and industrial upgrading

Export tax rebate policy should be conducive to long-term

investment and industrial upgrading

China's export tax rebate policy is an important policy that has had a far-reaching impact on China's and global trade development in the past few decades. The policy began in 1985. Since the tax reform in 1994, China's export trade has entered a stage of rapid growth, and the export tax rebate policy is in this process.

China has also been constantly adjusting and improving. It has become an important means of national macro-control, and the scale of export tax rebates has exceeded 1.3 trillion yuan.

Recently, in the face of global trade frictions, China has begun to propose measures to improve tax rebate policies and speed up tax rebates. In summary, the export tax rebate policy has two purposes: to promote export growth, optimize the structure of export products and promote industrial upgrading.