Countries to improve the export tax rebate standard carbide tools increase support

Carbide tool production is the future direction of development of the tool industry, the export tax rebate standards continue to improve, indicating that state support for carbide cutting tools business to a certain extent.

Our main tool production speed steel cutting tools and carbide cutting tools. Since the production of high-speed steel cutting tools cost a lot of resources, and low-end products, low prices, the industry will not encourage this. However, due to the demand of domestic machinery manufacturing industry, and yet the transformation of domestic enterprise technology tools, most domestic enterprises are still the tool to produce such tool-based, while exports are also great.

Last year, our tool exports $ 800 million, most of them are high-speed steel, carbide cutting tools only a few thousand yuan. Structure of exports of such products, but also one of the factors leading to international trade friction. Although the United States, Germany and other developed countries to China has not been a significant response tool, but some countries are Spain and South America boycott the event occurred.

In this year's few export tax rebate policy adjustment, the export tax rebate rate of carbide cutting tools and other products 5% to 11%, for the enterprise, its significance is not just to increase profits so simple. With the country's support and their own faith, believe in the future tool in the international marketplace more competitive.


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