By Ni Hongri　

Date: 2004/11/02

Abstract:  

Based on a study on the new system of export duty refund conducted by the local branches of the International Taxation Research Association in Tianjin, Wuhan, Xi'an and Hunan Province, this paper analyzes the positive changes after the new system was put into effect, such as the growth in import and export business, the changes in the commodity structures in trading, and the better financial condition of the majority of the enterprises in business. At the same time, problems are found in some places of the central and western regions where the growth rate of export business is declining, and some local governments with great trading volumes are facing heavy pressure of export duty refund. In addition, some small and medium-sized enterprises trading traditional export commodities are facing new difficulties. This report makes policy recommendations on these issues.