Xinhua News Agency, Guangzhou, July 9 (Reporter Liu Hongyu) According to the latest data from Guangdong Provincial Taxation Bureau, from January to May this year, the domestic sales of export enterprises in Guangdong Province exceeded last year’s level in April after a three-month downturn, and the domestic sales amount in May was basically the same as that in April.
Among them, the export of communication equipment manufacturing industry, textile and garment industry and motor manufacturing industry has achieved outstanding results, and domestic sales have increased significantly against the trend.
Since the beginning of this year, affected by the epidemic, Guangdong foreign trade enterprises have generally faced difficulties such as cancellation or postponement of orders in hand, blocked signing of new orders, and serious backlog of foreign trade goods. "Exporting to domestic sales" has become an important means to turn foreign trade enterprises into opportunities.
Guangzhou Yaqite Industrial Co., Ltd. is a shoe-making enterprise specializing in OEM, mainly exporting. Because the foreign trade business is almost in a state of suspension, the company began to focus more on developing the domestic market.
In June this year, Yaqite participated in the first Guangzhou Live Festival, and promoted the self-produced slippers online, and finally more than 150 transactions were made. "Although the number of transactions is not large, it has opened up a new sales channel and accumulated experience for domestic sales." Ji Bin, deputy general manager of the company, said.
Guangdong Eurasia Home Furnishing Co., Ltd. is an export enterprise that produces stainless steel products in Yunfu City. Inspired by the "home economy" during the epidemic, the company turned its attention to the domestic market. According to statistics, from January to May this year, the domestic sales turnover of Eurasia Home was 48.106 million yuan, a year-on-year increase of 252.7%.
"Since the beginning of this year, the company has enjoyed an export tax rebate of 6.59 million yuan and a social security fee reduction of 1.467 million yuan, which encouraged us to further move to the domestic market." Lian Yushan, executive deputy general manager of Eurasia Home, said.
In order to help foreign trade enterprises export to domestic sales, the tax department of Xinxing County in Yunfu City has accelerated the processing progress of export tax rebate and helped enterprises to withdraw funds in time. From January to May this year, the domestic sales turnover of stainless steel enterprises in Xinxing County was 454.2 million yuan, a year-on-year increase of 17%.
Guangdong Yuanhua New Materials Co., Ltd. is a foreign-funded enterprise located in Foshan, specializing in new anti-skid mats, yoga mats and other products. 80% of the products are sold overseas, and new development opportunities have been found during the epidemic.
"We paid attention to the domestic home fitness boom and quickly turned to the domestic market to accelerate the development of products that are more in line with Asian fitness habits." Rong Yuexing, deputy general manager of Yuanhua Company’s marketing center, said that from February to May this year, the shipment volume of Yuanhua Company’s official online store increased significantly, and the sales volume increased by nearly 50% year-on-year.
Tax experts believe that the transfer of exports to domestic sales has effectively promoted the recovery of the domestic market. At the same time, supporting policies such as withholding income tax for foreign investors to directly invest in the distribution of profits will also promote foreign-invested enterprises to increase their investment in China.