Multi-party assistance to the textile industry for “earthquake relief” – China Textile Roundtable Forum looks at the textile industry’s solution to difficulties
After the Wenchuan earthquake in 2008, the people in the disaster area received assistance from people all over the country and even from other countries. The double blow of the economic crisis and the domestic economic downturn also plunged my country’s textile industry into a difficult situation that has been rare in recent years. As the country’s pillar economy and labor-intensive industry, how the textile and garment industry can successfully survive this “economic earthquake” disaster has become a topic of widespread concern throughout the industry and even society.
At the 2009 Annual Meeting of the China Textile Roundtable Forum held recently, information from relevant national departments showed that the plight of the textile and garment industry has attracted great attention from all government departments, and more assistance will be received this year and in the future. .
National Ministry of Industry and Information Technology: The textile industry will bear the brunt of the industrial revitalization plan
Zhu Hongren, director of the Operation Monitoring and Coordination Bureau of the Ministry of Industry and Information Technology, said at the forum that in the industrial revitalization plan issued by the State Council, the textile industry was ranked fifth behind steel, petrochemicals, etc. There was actually a misunderstanding. In fact, the Party Central Committee and the State Council place a very important position on the textile industry. In November last year, leaders of the State Council listened to reports from nine industries. Vice Premier Li Keqiang and Vice Premier Zhang Dejiang first listened to the report of the light industry and textile industry. The 36th executive meeting of the State Council also specifically studied the light industry and textile industry. How far is this situation going? This has not happened in years.
According to Zhu Hongren’s analysis, it is not without consideration that the country puts the light textile industry at the forefront of its industrial revitalization plan. Because the light industry, especially the textile industry, is a traditional advantageous industry that maintains employment, improves people’s livelihood, stimulates consumption, promotes economic growth, and maintains social harmony and stability. He also revealed that this industrial plan is different from other plans, emphasizing the current difficulties of the industry, emphasizing several key points, including technological innovation, technological transformation, mergers and reorganizations, stimulating consumption and other important aspects, striving to form new growth in some industries in two to three years. point to help the industry get out of the current predicament.
Department of Foreign Trade of the Ministry of Commerce: 5 measures to support export enterprises
Facing the more severe foreign trade situation this year, Bao Ling, deputy director of the Foreign Trade Department of the Ministry of Commerce, introduced the specific measures newly determined by the Ministry of Commerce to support foreign trade enterprises.
The first is to expand fiscal and taxation support and improve export tax rebates, including timely and full tax rebate measures; the second is to promote the transformation and upgrading of processing trade, and provide support and guidance to some key processing trade transformation and undertaking places. This measure has just been announced; third The first is to improve import and export financial services and provide policy banks with credit to major export buyers under risk-controllable conditions; the fourth is to import some high-tech products and raw materials that we are in short supply; the fifth is to strengthen the development of emerging markets.
Bao Ling also revealed that regarding trade facilitation issues that everyone is particularly concerned about, the Ministry of Commerce is coordinating with all parties to strive to reduce inspection and quarantine fees by 30%.
National Bureau of Statistics: Employment in the textile industry is crucial
Yao Jingyuan, chief economist of the National Bureau of Statistics, believes that the biggest economic problem in China is employment. According to United Nations standards, China’s working-age population was 909 million in 2004, and it is now even more than that. There are seven developed countries, the United States, Japan, the United Kingdom, Germany, France, Italy, and Canada. Their total number is 300 million less than China’s working-age population. This is China’s employment pressure. The number of college graduates in 2008 5.9 million, 500,000 more in 2009 than in 2008.
Yao Jingyuan said that the textile industry is a labor-intensive industry, and it is crucial to absorb employment. If there is a problem in this industry, there will be a direct problem with employment in our country. Therefore, the government will introduce a series of protective policies for employment issues in the textile industry.
Ministry of Finance Research Institute: Fiscal incentives are worth fighting for
Jia Kang, director of the Research Institute of the Ministry of Finance, said that the financial department’s support for textile enterprises includes: first, there is still room for export tax rebate theory, and I personally do not rule out increasing it to 17% in the future; second, it provides support to enterprises with independent innovative product characteristics and projects, provide certain policy support; third, investments and projects that save energy, reduce consumption, clean production, and develop towards a circular economy will receive preferential corporate income tax after being identified by relevant departments.
Jia Kang explained that for production and operation activities that promote industrial upgrading, the financial department has a support lever called interest discount. Enterprises in the textile industry should actively report to the local financial department and strive for interest discount support financing. In the field of independent innovation, the state mainly supports small and medium-sized enterprise innovation funds. After the Ministry of Finance funds it, it is jointly managed by the National Development and Reform Commission and the Ministry of Science and Technology. It accepts applications from small and medium-sized enterprises every year and publishes the list to the whole society in two batches. This policy is also worth actively pursuing.
Institute of Finance, Development Research Center of the State Council: Government supports financing of small and medium-sized enterprises
Xia Bin, director of the Financial Research Institute of the Development Research Center of the State Council, said that most of the textile industry is small and medium-sized enterprises, and financing difficulties are the main problem. On the one hand, banks have their own difficulties, because the textile industry is subject to supervision and there are currently risks. This is a real problem. However, textile is one of our pillar industries after all. Some brands are good and need to be developed. The truth must be explained clearly and reflected to the leaders. In fact, local government leaders know very well which local enterprises are good, which are bad, and which areWhich one can make more money? They still know which companies will have good results when lending money to them. We must call on the banks to solve the problem. If the banks cannot solve our problems, we must set up a small and medium-sized enterprise development fund.
Xia Bin proposed that my country should keep its exchange rate relatively stable in 2009, which is very important for export companies. Solving the problem of Sino-US trade deficit is definitely not an exchange rate issue. Mainly from the perspective of the cost of an industry and the entire balance of international payments, how should the Chinese government consider the exchange rate when formulating its financial development strategy? In the long run, if China wants to rise, the Chinese economy will continue to grow and labor productivity will continue to improve. It is necessary for the RMB exchange rate to maintain a slight rise, but it should remain relatively stable throughout the process.
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