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Expand The Scope Of Tax Reduction So That Consumers Can Afford Luxuries.

2015/5/1 14:37:00 21

TariffsCommodity CoverageConsumersLuxury Goods

Statistics released recently showed that GDP grew by 7% in the first quarter of 2015, a growth rate of nearly 6 years ago. There are many reasons for the economic slowdown. For example, the current economy is in the "three phase superposition" period and the old and new power conversion stage. International market demand Weakness, emerging market turbulence and so on. Another important aspect is the lack of energy consumption in China.

this time Li Keqiang The State Council executive meeting chaired by the premier confirmed the "five measures" to expand consumer demand. The prime minister's "strong" efforts to promote consumption are of positive significance for expanding domestic demand and enhancing market vitality.

For a while, buying foreign flour, buying rice cookers and snapping up the toilet lid has aroused great social discussion. This can be seen from two aspects: first, the quality of Chinese products needs to be improved; on the other hand, the pursuit of some foreign consumer goods also shows that the living standard of our people has been greatly improved, and the quality of products has been more emphasized.

Therefore, we need to encourage China's product innovation. Domestic brand Go out, and strive to meet the growing consumption demand of the people, so that those international brands better "walk in".

Moreover, improving consumer goods import and export related policies will also force enterprises to upgrade. The executive meeting of the State Council put forward the proposal to speed up the upgrading of Chinese brand products, support the development of physical stores, standardize market order, crack down on fake and inferior products, and promote survival of the fittest. This will help encourage innovation and abandon Shanzhai.

We should understand that the "Shanzhai" style of "China creation" lacks long-term vision and is not the gold medal signboard of "made in china". If the "made in China" lacks innovation, the development space will be limited, and the upgrading of domestic consumption demand will be impossible.

Gradually expanding the scope of tax reduction can enable Chinese consumers to buy "luxury goods" at a more reasonable price. The policy of adding and restoring port entry duty free shops, reasonably expanding tax-free varieties and increasing a certain amount of tax-free shopping volume will facilitate domestic consumers to buy foreign products in China. In addition, with the further deployment of relevant policies for further promoting customs clearance and rebate facilitation of overseas tourists, people will not have to go to the sea in such a strenuous way. This can further drive the development of related services and effectively expand domestic consumption demand.


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