25 introduction of cost reduction plan one hundred billion scale cost reduction effect previews

　　Tax reduction is still the focus of the next step down the cost

　　Manufacturing value-added tax rate reduction measures is brewing

　　This year, the State Council has reduced the cost of tax cuts and other measures to reduce the cost of a number of deployments, the various departments have also introduced a number of policies, the local level of the cost reduction program is also concentrated in the introduction. Preliminary statistics, there are 25 provinces have introduced a cost reduction program. A series of initiatives this year will be at least for enterprises to reduce costs by more than 700 billion yuan. Reporters learned that the next step down the cost of policy reserves, lower taxes and fees will continue to be the focus point, including lower manufacturing value-added tax rates and other initiatives are in the pipeline.

　　In the current has been introduced in the cost reduction measures, tax reduction can be said to be the largest. Only in May 1st, a comprehensive reform of the camp changed to increase the size of the tax cut is expected to reach 500 billion yuan, is the government's largest tax cuts. And in reducing costs, following the last year, the State Council to reduce social security insurance in three insurance rates again this year stage reduce social insurance and housing provident fund deposit ratio. Preliminary estimates, these measures can reduce the burden on enterprises about 100000000000 yuan per year.

　　In addition, this year, down tax fees initiatives also include: from February 1, clean up and standardize the a group of government fees and charges the fund project is expected each year for the enterprise burden of about 260 billion yuan; from May 1, 18 administrative fees shall be exempted from the scope to expand; twice to reduce the price, the total can reduce the business electricity expenditure burden of 470 million yuan about; from September 6, dramatically reducing bank card fees and so on.

　　In addition, the "cost reduction" the specific programs were also against high taxes.

　　Among them, in Guangdong Province, the introduction of the supply side structural reforms drop cost action plan (2018) ", the province is expected to for the enterprise to reduce tax cost to achieve the burden of more than 50% of the total size. Shandong Province for the tax reduction enacted the "about reducing the tax burden on enterprises reduce the cost of financial revenue and expenditure", preliminary estimates, cumulative province enterprises burden of more than 2000 billion yuan.

　　In fact, for further tax reduction, especially the value-added tax rate of the manufacturing sector, the voice of the enterprise sector has been very strong. The development of small and medium sized enterprises in China to promote Center released in 2015 the burden on Enterprises Investigation and evaluation report, surveyed enterprises requires the introduction of "tax relief" policy of the highest voice, reflect the demands of the enterprises the proportion reached 80%.

　　"To reduce the tax burden on enterprises key or on the value-added tax, the Chinese Academy of Social Sciences Institute of finance strategy associate researcher Jiangzhen said the tax burden on enterprises especially turnover tax burden, increased the difficulty of entrepreneurship and innovation, is not conducive to innovation driven 45 goals.

　　He pointed out that after the camp changed to increase, the next step to deepen the reform of value-added tax task. From the point of view of international value added tax practice, many countries are 1-2 file tax rate, which is more ideal. At present, China's service industry and manufacturing industry is a multi file tax rate, the gap between the industry, the VAT tax rate in particular, especially in the manufacturing sector is a more appropriate way to reduce the tax burden of enterprises.

　　China Research Institute for fiscal science researcher Liquan to reporters said that after the camp to increase policy implementation, the value-added tax to implement five tier system (i.e., 17%, 13%, 11%, 6%, 0), coupled with 3% levy rate, tax rate, easily lead to value-added tax deduction is not smooth, may lead to new policy pressure and collection pressure. Therefore, "taking into account the current value-added tax rate in our country too much, we should continue to carry out a simple and of these tax rates, of course, the implementation of the time to be based on the operation of value-added tax and the status of comprehensive consideration."

　　Chinese Academy of Social Sciences Institute of finance strategic research fellow Yang Zhiyong also pointed out that the ideal value-added tax rates should be only a basic tax rate. Taking into account the reality of the need, the value-added tax rate can still choose a basic tax rate plus a low tax practice, and choose a reasonable range of tax exemption. Based on the reality of the low value-added tax rate in the Asia Pacific region, the basic tax rate is set at about 10%, low tax rate is set at 5% or so is more reasonable. Levy rate should also be only one file, set at 3% or so.

　　China Construction Bank chief economist Huang Zhiling said that China's economy is currently facing the main contradiction is the excess production capacity of low-end, high-end production capacity is insufficient, the macroeconomic policy goal is to promote the upgrade of the economic, especially industrial upgrading. Industrial upgrading is subject to technical progress, equipment and technology, better materials, quality of workers and labor skills, and these require a large number of R & D investment, equipment updates, labor training. If policy formulation and operation deviate from the "reduced cost" macro intention, even driven enterprise compression development of the necessary support to spot the cost reducing effects, the result can only is further solidified low-end production and industrial upgrading runs counter to the goal.

　　In his view, as the major policies of the central "cost reduction" is from the external environment to help enterprises to reduce the cost burden of unreasonable, and not a mandatory requirement enterprise necessary to reduce costs. The core of the government to help enterprises to reduce costs is to reduce the system of transaction costs, tax burden, logistics costs and other aspects of the combination of boxing".