综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Business / Economy

Getting medicine right for long-term growth

By Wang Wen (China Daily) Updated: 2015-02-10 07:52

Getting medicine right for long-term growth

Man buys medicine with the help of a pharmacy sales person in Chongqing municipality, Southwest China, July 21, 2014. [Photo/IC]

Export tax rebates will sharpen competitive advantage of health product companies in overseas markets.

The recent export tax rebate adjustments announced by the government will buoy the fortunes of Chinese medical product exporters and sharpen their competitive edge, industry experts said on Monday.

The Ministry of Finance last year announced adjustments in the export rebate rates for some goods, including 67 medicines and health products. Tax rebates for 55 Western medicines, four traditional Chinese medicines and eight medical devices have been revised upwards to between 2 and 13 percent, depending on the type of product.

About 6,100 companies from China are set to benefit from the new regulations, with the total value of their exports and imports being about $9.426 billion during the first 11 months of 2014, according to statistics provided by the China Chamber of Commerce for Import and Export of Medicines and Health Products.

Meng Dongping, vice-chairwoman of the chamber, said the tax rebates have come at an opportune time for the medical products industry, as it has been seeing slower growth rates in the past years. Medical product exports fell from a relatively high growth rate of 20 percent in 2012 to about 7 percent last year.

Breaking down the numbers further, Deng said the expected total volume of China's medicine exports and imports for 2014 would be about $100 billion and that there has been a slowdown in exports. The chamber estimates that exports will remain relatively subdued this year, while the global market growth rate would be around 4 to 7 percent.

According to Meng, the rapidly shrinking global market, rising costs and currency appreciation pressures are hurting exports.

In addition, domestic factors like higher human resource costs, raw materials, energy and environmental protection costs are fast eroding the price advantage of Chinese companies.

"The higher export rebates will help companies recoup some of the additional costs and also enhance the competitive advantage to some extent." The measures are especially beneficial for the biomedicine industry, she said.

"The adjustments mainly focus on the products with high added value and high technology, which means the government will encourage enterprises to develop such products," Meng said.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
中江县| 鲁山县| 那坡县| 内乡县| 西华县| 梁平县| 保亭| 曲沃县| 上栗县| 大连市| 天门市| 安庆市| 成都市| 隆化县| 和林格尔县| 黑河市| 娄底市| 凤阳县| 富民县| 阿合奇县| 正安县| 喀喇沁旗| 崇义县| 婺源县| 晋州市| 浠水县| 陵水| 密山市| 皋兰县| 绥德县| 龙江县| 林西县| 芦山县| 祁东县| 桑日县| 漯河市| 合山市| 西充县| 林芝县| 砚山县| 元江|