Showing posts with label China. Show all posts
Showing posts with label China. Show all posts

Sunday, May 4, 2014

Suning Issued " price Increase Letter Sought To " Contain Air Conditioning Prices - China Forklift

Suning Issued " price Increase Letter Sought To " Contain Air Conditioning Prices - China Forklift



North China Electric Seed Zhijun, executive president of management hub, spoken Su Ning this week
Not raising their prices.
06 air conditioning market intricate, dazzling the other side is air conditioning mill prices take wind through price hikes of raw materials, while represented by Suning Appliance Chain giants charge to block air - conditioning Zhang price. 3 weeks ago Suning the 9th National Holiday opening of the air - conditioning, Suning culpable by the four major initiatives to curb air conditioning prices, can be a week succeeding, Suning numerous 2 weeks after the conditioning with adoration to prices, according to Su Ning ' s sign, that this week to the extremity for air conditioning prices, that prices actually geranium this week, Suning air conditioning is not up then? To this end, Suning north China ' s call management center president Aficionado Zhijun, Peanut Zhijun, oral Su Ning, air conditioning not raising their prices this week, although many manufacturers Suning prices celebrated consideration, but Suning opposite to each air - conditioning manufacturer issued a " letter sought price hikes, " which strikingly means that if a brand, which model to price increases, Suning stores will post the current Suning has not confessed any response of a plant, that their brand to price increases, so, no price increases this week, Suning air conditioning.
3 weeks ago, prices of brand Suning will be announced yesterday ( 12 ), Suning Youxiang reporter Recently revealed some of the market prices of the brand: 8 % increase over Hisense, Kelon puce 8 % - 10 %...... but Su Ning uttered, Hisense, Kelon and other brands do not have to return in Suning Suning prices.
Suning issued to manufacturers, " prices consult the letter " has style all their own killing. Visualize what a brand is eager to be a post the uttered price increases it own, even if prices are not eager to be " undecided " out. When the reporter called Qingdao Hisense Marketing Co., Ltd. Beijing Extra General Supervisor Peng Yu combination, Peng Yu - chih, when recognized Suning " prices consulted letter ", the Hisense to dispel the idea of prices in the first Su Ning, who unreal the first by post to the public? Hisense do not want to do, " stands out ", we wait and see if there are other factories that prices, we will Suning prices. I buy the idea of other manufacturers with Hisense is the duplicate as in any one plant are not keen to set to price increases in the consumer. When reporters, general director of Beijing Branch Kelon Electrical Gang Tan, the Tan and Peng Yu pool just set the same concerns.
Suning relevant official also revealed to reporters this week, some of the price initiatives Suning, 1300 yuan for domestic brands 1P well - being of health hold, 1, 699 yuan in the domestic brand 1. 5P well - being of health hold, 2, 598 yuan of domestic brand - name 2P well - being of health Guiji, together with Suning underwriting customized energy - saving air conditioning excellent health, it will be fully none other. Also, if you purchase two or more sets of air - conditioning, there will be 100 - 500 dollars discount.
Fan Zhijun vocal that air conditioning is not up the price actually ruddy? Have to market the final imagine.

Wednesday, December 11, 2013

Merger Of Two Taxes Favorable Foreign Trade In China

Merger Of Two Taxes Favorable Foreign Trade In China




Since the reform and opening up, in order to haul foreign investment, China has formulated a series of foreign tax credits preferential policies, the implementation of these policies and measures making the scale of foreign businesses rapid production.
After Chinas accession to the WTO, tariffs dropped significantly and the degree of market opening further increase. In order to create a fair competitive market environment and promote foreign and domestic - funded enterprises enjoying equal national treatment, China combines Brief Regulations on Enterprise Income Tax of Peoples Republic of China which applying domestic enterprises and Regulations on Enterprises with Foreign Investment and Foreign Enterprises Income Tax of Peoples Republic of China which applying to the foreign enterprises to one tax act, and to machine a unified tax proportion of 25 %.

Increase tax burden of foreign - funded enterprises in the short - term
After the two taxes combined, the new tax law abolished two exemptions and three halved tax incentives for foreign - funded enterprises, the income tax degree of foreign - funded enterprises from 15 % up to 25 % and increase the tax burden on foreign - funded enterprises in the short term. In addition, for some small and rampart - sized foreign - funded enterprises with high - energy consumption, alloy of the two taxes canceled the related preferential policies and the corporate profits are opposite a critical point, which affects the reinvestment enthusiasm of foreign - funded enterprises in a certain extent.

Optimize the market environment and industry structure
However, according to the up-to-date effects of merger of two taxes, foreign trade paid more attention to Chinas stable economic and political environment, the huge market dormant, low labor and resource endowments, from a macro point of view, the alloy of two taxes will not damage the long - term interests of the foreign - funded enterprises, but can promote the foreign trade in China.
First, subservient the mature tax system, super - national treatment on income tax of foreign - funded enterprises making domestic enterprises at a cost disadvantage, so that there are many artificial foreign investments. After combined two taxes, the preferential system instead of GSP, so that domestic enterprises can sentiment on the identical initial line with the foreign - funded enterprises. This can create a fair market competition environment and promote the healthy development of Chinas economy.
Secondly, from an international point of view, the existing 25 % corporate income tax ratio is in the middle and lower level, if foreign investors invest a marked industry or field of companies, equaling as energy saving, sewage pollution control, etc. can also enjoy preferential policies. Foreign - funded enterprises have good scientific and technological innovations, so they will gain a competitive advantage of these fields in a quite long period.
In postscript, in the beginning of the reform and opening up, some of the senile and famous foreign - funded enterprises invested in China for the various preferential policies and Chinas unrealized market, come about preferential dependence to a certain extent. But with the implementation of the new tax law, significant the quality of labor and steadily friendly the infrastructure and market system in China, Chinas industrial structure continuously optimize, the low - tech and low - value - else foreign important has become high - tech and high - cost - enhanced one, the quality of foreign investment inimitably improve.

In short, merger of two taxes will support a favorable opportunity for Chinas industrial structure upgrading and market environment accretion, foreign - funded enterprises can find the new economic production point in the Chinese market on the basis of the new interpretation of tax law and to maximize corporate profits.