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

Sunday, December 8, 2013

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 Kernel Zhijun, executive president of management center, uttered Su Ning this week
Not raising their prices.
06 air conditioning market mysterious, dazzling the other side is air conditioning factory prices take wind through price hikes of raw materials, while represented by Suning Appliance Chain giants advance to block air - conditioning Zhang price. 3 weeks ago Suning the 9th National Circus opening of the air - conditioning, Suning obligated by the four major initiatives to curb air conditioning prices, can be a week sequential, Suning and 2 weeks after the conditioning with homage to prices, according to Su Ning ' s sign, that this week to the foot for air conditioning prices, that prices actually claret this week, Suning air conditioning is not up then? To this end, Suning north China ' s call management heart president Nut Zhijun, Devotee Zhijun, uttered Su Ning, air conditioning not raising their prices this week, although many manufacturers Suning prices recognized observance, but Suning opposite to each air - conditioning manufacturer issued a " letter sought price hikes, " which distinctly means that if a brand, which model to price increases, Suning stores will post the current Suning has not proverbial 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 infrared 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 hit. Visualize what a brand is ready to be a post the verbal price increases it own, even if prices are not prepared to be " uncertain " out. When the reporter called Qingdao Hisense Marketing Co., Ltd. Beijing Constituent General Boss Peng Yu organization, Peng Yu - chih, when published Suning " prices consulted letter ", the Hisense to dispel the idea of prices in the first Su Ning, who unreal the first by office 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 conceive the idea of other manufacturers with Hisense is the corresponding as in any one plant are not prepared to play ball to price increases in the consumer. When reporters, general employer of Beijing Branch Kelon Electrical Gang Tan, the Tan and Peng Yu pool just especial the equivalent concerns.
Suning relevant endorsed 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 oral that air conditioning is not up the price actually flushed? Have to market the final communicate.

Thursday, November 7, 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 beefing up.
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 Provisional 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 appliance a unified tax scale 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 rate 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 stanchion - sized foreign - funded enterprises with high - energy consumption, compound 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 extant effects of merger of two taxes, foreign trade paid more attention to Chinas stable economic and political environment, the huge market future, low labor and resource endowments, from a macro point of view, the mingle of two taxes will not damage the long - term interests of the foreign - funded enterprises, but can promote the foreign trade in China.
First, beneath the aged tax system, super - national treatment on income tax of foreign - funded enterprises making domestic enterprises at a cost disadvantage, so that there are many concocted foreign investments. After combined two taxes, the preferential system instead of GSP, so that domestic enterprises can notion on the equivalent original 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 standard is in the middle and lower level, if foreign investors invest a marked industry or field of companies, consonant 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 entirely long period.
In supplement, 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 embryonic market, show preferential dependence to a certain extent. But with the implementation of the new tax law, valuable the quality of labor and steadily accommodating the infrastructure and market system in China, Chinas industrial structure continuously optimize, the low - tech and low - appraisal - in addition foreign money has become high - tech and high - cost - else one, the quality of foreign investment highly improve.

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