Wednesday, March 16, 2011

Domestic milk powder cosmetics brand will bring down tariffs greater impact - China Southern reported net

cosmetics tariff reduction formula will bring greater impact 88,104,652 domestic brands in China / enpproperty ->



Ministry of Commerce spokesman Yao Jian:
expanding imports and promoting domestic demand is the trend

Yao said, in recent years, faster export growth, import growth rate of export growth has failed to catch up, causing growing concern of macroeconomic imbalance, the Ministry of Commerce to expand imports is undoubtedly the top priority. According to reports, the Ministry of Commerce had been the joint Ministry of Finance and State Administration of Taxation discuss this and other relevant ministries to promote the tax adjustment,
Yao said that the current tax rate is based on the prevailing economic situation many years ago to develop, then the total commodity imports only about 10% of imports, so the tax rate is relatively high. At present, cosmetics, perfume and other luxury goods has become a middle-class former general consumer goods, the current tariff and consumption tax rate to become unreasonable and need to be lowered to enable the domestic needs are met.
in exports, investment, consumption, troika, China in the past 20 years actually performed the export-oriented industrial policy and trade policy. But with China's economic development, endogenous development of the economy, expanding domestic market has become an inevitable choice for future economic development --- some of the imported merchandise tax rate is down one of the measures.
General Administration of Customs statistics show that in 2010 China exported $ 1,577,930,000,000, up 31.3%; imports of $ 1,394,830,000,000, up 38.7%; trade surplus was 183.1 billion U.S. dollars.
Zhong Dajun known economic observers believe that China has always exports over imports,mac brushes, China's current export tax rebate up to more than 11,000 kinds of types of goods, export tax rebates in 2009 amounted to 648.7 billion yuan, accounting for 11% of total revenue that year, met through the production of goods of foreign consumers, and the accumulation of foreign exchange, it is inevitable stage of development. But the reform and opening up to now, the development of better methods should be selected.
price. milk as a daily necessity tax cuts are inevitable. and the people on duty all the necessities of life should not be set too high, the supply of this area and the pressure of its own, deeper factors that we have to capitalize on the current the timing of transition more use of foreign resources, complementary resources, optimize the industrial structure.
of well-known tax experts, the Central University of Finance and Public Administration, vice president of finance and Liu Huan also expressed that if part of the National Tax Administration of lower tariffs on goods, bear the brunt of the impact on our economy would be to promote trade balance; followed by the promotion of supply and demand balance, will help ease the shortage of domestic supply and demand, the promotion of domestic enterprises to improve product quality, improve service quality; again is people can spend less money relative to high-quality products.
Liu Huan said that the proportion of the development of tariffs for trade in services, it is a leverage tool to reduce tariffs and promote the national in-country consumption, the adjustment of economic structure is important.
the focus of a decline in import duties, foreign milk powder cosmetic temporary difficult to assess how many benefit

According to media reports, the current customs import tax formula, there are two kinds of value-added tax and import duties. If from the MFN, a tax rate of 22%; if an ordinary country like the United States, the rate of imported milk powder is 57%.
have consumers believe that the country, including foreign milk powder, foreign brand cosmetics geometric expensive abroad one of the reasons is that tariffs increase the cost of goods. For example, said consumers in Shenzhen, 500 ml of Bausch & Lomb contact lens solutions, priced at 75 yuan in Shenzhen, the Hong Kong dollar selling 54.5, It is reported that in Hong Kong, to buy Shiseido, L'Oreal, Clinique, Biotherm and other foreign brand cosmetics, 1/3-2/3 cheaper than domestic prices.

this, yesterday, Mead Johnson, Wyeth and other foreign brands of milk are said to Foreign cosmetics company Estee Lauder has said that the company only yesterday received the news, but
The source pointed out that the first foreign customs duties accounted for very little share of the total cost of milk, the cost of foreign milk powder is mainly from transportation costs, marketing costs, promotion costs, storage costs and other components; Secondly, many foreign terminal pricing formula, based on its business strategy, such as the pursuit of some business profit margins are 50%, 60% or higher, tariff reduction only make it get higher profits. Cotton, for example, said Wang Ding, such as under the New Zealand trade agreement with China, within a decade 1% per year decline in tariffs, the current New Zealand milk powder to China's tariff has dropped to 8% -9%, but the number of foreign brands by New Zealand's milk and domestic brands, each terminal to milk prices are still double-digit increases; Another example is trade between Singapore and China zero tariff agreement, many foreign brands imported from Singapore to China, but its milk prices can only rise, not fall.

cosmetics industry is the opposite. Tariff reduction, import prices are likely to follow the decline in cosmetics. Yesterday, Liby Group, Assistant to the President Xu Xiaodong and a number of senior members of cosmetics are taking this view.
industry is facing difficulties in purchasing the focus of the second, but will have more purchasing products into China
In recent years, overseas purchasing, overseas procurement of infant formula by the public, and the growth momentum is very fierce. Bain & Company issued the Because
According to media reports, during the Spring Festival, Hong Kong and Macao to domestic consumers buying infant formula, the local milk supply, the current Hong Kong and Macao to the Mainland consumers retailers have implemented cans.

if the tariff cut, the domestic price of foreign brands of milk down, those people overseas to buy milk powder will decrease, while the back of domestic consumption? Head of the Department of Lingnan College Sun Yat-sen Lin Jiang, financial and tax that the Government's intention to impose high tariffs on luxury goods is intended to inhibit the high-end consumer goods, expanding domestic demand, stimulating its own industry. large, will change in the country to purchase and consumption.
Wang Ding, also shared by Cotton: Now go to Hong Kong and Macao and foreign countries are very convenient, many people have integrated tourism and shopping.

■ depth analysis of the
number of experts on Wang Ding cotton that is conducive to lower import tariffs on milk powder increased, but on the other hand on the domestic brands of milk is further suppressed, the domestic dairy industry to do well to actively
According to reports,blackhawks jerseys, the current surge in China's annual volume of imported milk powder, melamine incident in 2008, the amount of imported milk powder is peaked. Wang Ding cotton that, if tariff reduction will only imported milk powder, milk more into the country, more extensive use of various dairy industry, which for the Chinese 奶牛养殖业, it will be further suppressed; the same time, milk products foreign brands of milk are also more likely to take this opportunity to enter China, with the brand, capital advantage to further suppress the domestic dairy brands.
consultants in the food industry researcher has this week then worry about thinking. He pointed out that milk will reduce the import tax on the domestic dairy industry seriously affected by, first, with the reduction of tariffs on imported milk powder, milk powder imports in the domestic market will further expand the scale, no matter the price or will be made in the brand are milk causes a certain pressure; Second, domestic milk powder in branding, technology, management experience and so generally weaker than the imported milk powder, milk powder imports a large number of entry, the domestic milk used for capital investment in these areas will increase, domestic milk costs , the profit is compressed again.
competition in the cosmetics industry is more worried about the future also. by consumption, while domestic brands could lose the price advantage,
Investment Advisor in the chemical industry researcher Yi-Chi Chang pointed out that the import duty on cosmetics will be reduced to attract more foreign cosmetics brands entering the country, affected the domestic prices of imported cosmetics will be reduced, so that their consumers benefit. However, foreign brands in China due to the current localization process gradually accelerate competition in the domestic cosmetics market has been very intense, the survival of local cosmetics brand has been a great threat.
cosmetics company marketing consultant Feng Jianjun pointed out that the reduction in tariffs for many But in terms of domestic brands is an even bigger impact,vibram 5 fingers, , Mao Geping other domestic cosmetics brands do need to actively deal with measures for sales channels, efforts to develop secondary and tertiary markets.
for Insiders believe that the state has adopted policy of tariff reduction, on the one hand is based on a large number of consumers lost overseas, to guide the back of domestic consumption; the other hand, believe that the state will adopt corresponding policies, protection of industrial development, such as strengthening the restrictions on imports of milk powder .
■ low tariffs have this one that can pull the national development
Department of Commerce International Trade and Economic Cooperation, said Mei Xinyu, researcher at the Institute, import tariffs are tariff established by the Committee, after full argument and down is calculated. Development of the principles of tariff increase, with the degree of processing increased. Low tariff imports of raw materials, imported processed products with high tariffs will not change this principle. For electronic products, the tariffs can be reduced, because we do own industry is strong, can withstand the impact of foreign products, and electronic products have become necessities of the luxury. For cosmetic purposes, there will be such a process.
tariff and import linkage tax total financial revenue of about one-sixth, but the initial fee is low cost, lower rates of certain commodities to meet domestic demand but also to achieve trade balance needs. In the long term, low tariffs to boost national development. At present, China export volume, import volume of the second, to continue to expand the overall welfare of imports will be able to expand the national level,mac makeup, but also to the national economy played a positive role in promoting adjustment.