According to the General Administration of Customs website, in spite of the export tax rebate this year, in January raised the value of merchandise exports continued to decline, but excluding the Spring Festival of factors, their export value growth of 15 percent over the same period last year, showing that the increase in export tax rebate rate on the effect of stimulating exports early significant.

    To deal with complex and ever-changing economic situation at home and abroad, since 2008, China's large-scale increase for 5 consecutive textiles, garments, machinery and electronics, steel, chemical products, the export tax rebate rate. According to customs statistics, in January this year, China's export tax rebate this 5 times the rate of increase in commodity involved (hereinafter referred to as the export tax rebate hike of goods) exported a total of 48.55 billion U.S. dollars, down 11.1 percent, or less than the same period in the country's overall export decline in the level of 17.5% , accounting for the same period China's foreign trade 53.7 percent of total exports.

    According to the data indicate that, in the early spring of this year, in January this year, in January last year, less than five working days in December last year, less than six working days, so even though the face of it, in January this year, China's export tax rebate increase the value of merchandise exports continued to decline, Chinese New Year holidays but excluding factors, in January this year, the value of its exports last year grew 15 percent over the same period last year 17.9 percent growth in December. Similarly, after excluding the impact of the Spring Festival of factors, the total export volume of China's foreign trade last year grew 6.8 percent over the same period last year 10.1 percent growth in December. Increase the export tax rebate rate of China's exports more obvious pulling effect.

    The plight of the bulk of labor-intensive exports eased. As a result of my last year in August, November and December for 3 times to improve the labor-intensive products of export tax rebate rate, and in February of this year increase the previous 3 times on the basis of the further rise of textiles, clothing and bedding of the export tax rebate rate somewhat eased the plight of its exports. In January this year, in the case of reduced working days, involving the export tax rebate hike the main categories of traditional labor-intensive products, with the exception of textiles (textile yarn, fabrics and related products) declined 11.9%, plastics 0.4% a slight decrease, the clothing and accessories exports of 10.42 billion U.S. dollars, an increase of 5.9%; footwear exports 2.91 billion U.S. dollars, an increase of 10.6%; furniture and parts thereof exported 2.13 billion U.S. dollars, an increase of 0.7%; bags exported 1.15 billion U.S. dollars, an increase of 8.3%.

    In addition, the export tax rebate rate increase related to the weak export growth of machinery and electronic products. As a result of China's export of electromechanical products for the United States and Europe the main markets of developed countries and Japan, those countries affected by financial crisis more far-reaching, so my more traditional labor-intensive mechanical and electrical products exports more severe. Although China has in the last year in November, December and January this year has some mechanical and electrical products to increase the export tax rebate rate, but still not clear. In January this year, our country involved in the 3 times increase of the export tax rebate rate of mechanical and electrical products exported 19.82 billion U.S. dollars, down 21.6 percent, accounting for the same period China's total export value of mechanical and electrical products accounted for 40.3%. Removed after the Spring Festival of factors, in January this year, involving an upward adjustment in the value of domestic exports of machinery and electronic products 1.5%, 10.7% growth in chain.