Jiangmen Customs leverages tax reduction and exemption policies to empower overseas Chinese textile industry to 'go global'

Recently, a batch of 128 tax-free equipment worth 53 million yuan was successfully cleared and transported to Kaiping Benda Textile Co., Ltd. under the supervision of Kaiping Customs, a subsidiary of Jiangmen Customs. This enterprise is a foreign-invested enterprise mainly engaged in spinning, weaving, printing, and dyeing. Its products such as air-jet spinning, ring spun yarn, denim, and dyed fabrics are exported to more than 50 countries in Southeast Asia, South America, and the European Union.

In recent years, due to the aging of old equipment, increased production energy consumption, and carbon emission requirements in developed countries' markets, enterprises urgently need to accelerate technological transformation and equipment upgrades. Ms. Liang, the customs clearance manager of Kaiping Benda Textile Co., Ltd., said, "Nowadays, the market competition is fierce, and the fabrics produced by old looms are increasingly difficult to meet the new requirements of customers in terms of color fastness and environmental protection indicators. Introducing new equipment can improve the quality stability of our denim and dyed fabrics, and also reduce power consumption and save costs. However, the equipment itself is expensive, and the tax burden generated by imports is heavy. We have concerns about whether to purchase new equipment

In order to assist the transformation and upgrading of traditional industries, Jiangmen Customs is based on the "15th Five Year Plan" tax preferential policies, combined with the actual situation of industries in the jurisdiction, and promotes the transformation of service mode from "enterprises looking for policies" to "policies looking for enterprises". Through the "Customs Director sends policies to the doorstep" mechanism, key enterprises in the jurisdiction are surveyed on-site, and "one-on-one" interpretation of import tax preferential policies is carried out based on enterprise demands to solve 28 problems such as policy application and product classification. Policy propaganda covers more than 120 enterprises, allowing the benefits of benefiting enterprises to directly reach them.

The newly introduced rapier looms are expensive, and the national tax preferential policies can help us save real money and silver. During this period, the customs visited us multiple times to promote the import tax preferential policies, from tax reduction and exemption applications to equipment clearance, helping us fully enjoy tax benefits and customs clearance convenience. This time, a total of 4.6 million yuan in tariffs were reduced, greatly reducing our import costs. "Miss Liang said," Our company has calculated that this batch of equipment imports is expected to help our company increase annual output value by 147 million yuan, increase profits by 12 million yuan, reduce annual electricity consumption by about 240000 kilowatt hours, equivalent to about 30 tons of standard coal, and help our enterprise reduce costs and increase efficiency, better increasing the competitiveness of our products in overseas markets

To serve the transformation and upgrading of local industries and support the expansion of foreign trade development, we promptly collect difficult problems faced by enterprises, follow up on the entire process of enjoying preferential customs clearance for imported equipment, clear blockages, improve efficiency, and truly achieve door-to-door policies and excellent services, "said Hu Zimin, the head of the Second Department of Comprehensive Business at Kaiping Customs.

According to statistics from Jiangmen Customs, in the first three quarters of this year, Jiangmen exported textile and clothing worth 6.46 billion yuan, with exports of 710 million yuan in September, a year-on-year increase of 11.2%.

Recently, a batch of 128 tax-free equipment worth 53 million yuan was successfully cleared and transported to Kaiping Benda Textile Co., Ltd. under the supervision of Kaiping Customs, a subsidiary of Jiangmen Customs. This enterprise is a foreign-invested enterprise mainly engaged in spinning, weaving, printing, and dyeing. Its products such as air-jet spinning, ring spun yarn, denim, and dyed fabrics are exported to more than 50 countries in Southeast Asia, South America, and the European Union.

In recent years, due to the aging of old equipment, increased production energy consumption, and carbon emission requirements in developed countries' markets, enterprises urgently need to accelerate technological transformation and equipment upgrades. Ms. Liang, the customs clearance manager of Kaiping Benda Textile Co., Ltd., said, "Nowadays, the market competition is fierce, and the fabrics produced by old looms are increasingly difficult to meet the new requirements of customers in terms of color fastness and environmental protection indicators. Introducing new equipment can improve the quality stability of our denim and dyed fabrics, and also reduce power consumption and save costs. However, the equipment itself is expensive, and the tax burden generated by imports is heavy. We have concerns about whether to purchase new equipment

In order to assist the transformation and upgrading of traditional industries, Jiangmen Customs is based on the "15th Five Year Plan" tax preferential policies, combined with the actual situation of industries in the jurisdiction, and promotes the transformation of service mode from "enterprises looking for policies" to "policies looking for enterprises". Through the "Customs Director sends policies to the doorstep" mechanism, key enterprises in the jurisdiction are surveyed on-site, and "one-on-one" interpretation of import tax preferential policies is carried out based on enterprise demands to solve 28 problems such as policy application and product classification. Policy propaganda covers more than 120 enterprises, allowing the benefits of benefiting enterprises to directly reach them.

The newly introduced rapier looms are expensive, and the national tax preferential policies can help us save real money and silver. During this period, the customs visited us multiple times to promote the import tax preferential policies, from tax reduction and exemption applications to equipment clearance, helping us fully enjoy tax benefits and customs clearance convenience. This time, a total of 4.6 million yuan in tariffs were reduced, greatly reducing our import costs. "Miss Liang said," Our company has calculated that this batch of equipment imports is expected to help our company increase annual output value by 147 million yuan, increase profits by 12 million yuan, reduce annual electricity consumption by about 240000 kilowatt hours, equivalent to about 30 tons of standard coal, and help our enterprise reduce costs and increase efficiency, better increasing the competitiveness of our products in overseas markets

To serve the transformation and upgrading of local industries and support the expansion of foreign trade development, we promptly collect difficult problems faced by enterprises, follow up on the entire process of enjoying preferential customs clearance for imported equipment, clear blockages, improve efficiency, and truly achieve door-to-door policies and excellent services, "said Hu Zimin, the head of the Second Department of Comprehensive Business at Kaiping Customs.

According to statistics from Jiangmen Customs, in the first three quarters of this year, Jiangmen exported textile and clothing worth 6.46 billion yuan, with exports of 710 million yuan in September, a year-on-year increase of 11.2%.