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2019/08/27

The Ministry of Finance recently announced the 2012 China import tariff adjustment notice.


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The Ministry of Finance recently announced the 2012 China import tariff adjustment notice. As far as the textile machinery field is concerned, compared with the import tax rate in 2011, the textile round net and flat net printing machines dropped from 8% in 2011 to 6% in 2012, while the other categories of textile machinery and equipment accessories remained unchanged in 2011.

Among them, the compact spinning device of air-jet loom and ring spinning frame maintains zero tax rate, while the import tax rate of 6% remains unchanged for wide nonwoven carding machine (working width> 3.5 m, working speed> 120 m/min), high-speed needle punching machine (needle punching frequency> 2000 times/min) and high-speed wide spunlace equipment (working width> 3.5 m, working speed> 250 m/min, spunlace pressure greater than or equal to 400 Pa), automatic winder, Dobby machine or Jacquard machine (rotating speed above 500 r/min) still maintains the import tax rate of 4%, winding ingots, electronic yarn clearing devices, air splicers, weft insertion, let-off devices, looms and other accessories for their auxiliary machines, etc. maintain the tax rate of 3%, and grinding machines and mercerizing machines maintain the tax rate of 10%.

The reduction of import tariffs is undoubtedly a good measure for textile enterprises that introduce equipment. It is understood that the price of an imported rotary screen printing machine is around 4 million ~ 5 million yuan, while the imported flat screen printing machine is more expensive. According to this calculation, after the import tariff is reduced this year, the enterprise imports a printing machine equipment, and the tariff can save about 100000 yuan, which will, to a certain extent, promote the introduction of advanced equipment for textile enterprises and the upgrading and adjustment of industrial structure.

Li Yi, director of the Standard Quality Department of the China Textile Machinery and Equipment Industry Association and an expert in printing and dyeing equipment, believes that because foreign rotary screen and flat screen printing machines are at the high-end level, while domestic similar products are mostly at the mid-range level, the reduction of import tax rates will have an impact on domestic printing machine manufacturers. The market impact will not be too great. The reduction of the import tax rate of the two types of printing machines can be regarded as a signal released by the relevant departments to relax the import threshold of high-end textile machinery, while domestic printing machine manufacturers need to strengthen accumulation in brand, technology, business philosophy and other aspects in order to develop to the high-end level in the future.

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