Wenzhou Shoes And Clothing Manufacturing Industry Farewell To Super National Treatment

According to statistics from the Municipal Bureau of foreign trade and economic cooperation, there are 1163 foreign-funded enterprises in the city, with a total investment of US $8 billion 176 million.

The amount of foreign capital contracted is USD 2 billion 870 million, and the actual use of foreign capital is US $2 billion 670 million.

Foreign-funded enterprises are mainly distributed in the second and third industries.

The registered capital of the second industry accounts for 73.5% of the total, mainly in textile, footwear, electrical equipment and other manufacturing industries.

Foreign invested enterprises are mainly concentrated in Lucheng, Longwan, Ouhai and Wenzhou economic and technological development zones.

At present, the tax on urban construction tax and education fee added to domestic funded enterprises is based on value-added tax, consumption tax and business tax.

Among them, the urban maintenance and construction tax is collected according to the location of the taxpayer as the urban, county, town and other regions, at the rate of 7%, 5% and 1% respectively, and the education fee is currently collected at a rate of 3%.

The relevant person in charge of the Municipal Taxation Bureau said that the abolition of "super national treatment" for foreign invested enterprises and foreign enterprises is the trend of social development.

Although foreign investment enterprises and foreign enterprises have increased their tax burden, these enterprises still have many preferential policies in China. Moreover, urban maintenance construction tax and education surcharge are "small taxes", which are very small for enterprises, so their impact on them will not be too great.

However, the tax rate of domestic and foreign enterprises is an inevitable requirement for the fairness of market competition, which is of great significance.

Wenzhou Municipal Foreign Trade and Economic Cooperation Bureau responsible person said that the actual use of foreign capital in Wenzhou accounted for about 3%, compared with the province's scale is small, so this policy adjustment has little impact on the economy of Hong Kong.