Research On Fiscal And Taxation Policies For The Promotion Of Import Trade

With the further development of economic globalization, foreign trade is playing a more and more critical role in the economic developing process of a country. Since the reform and opening up, the strategy of export orientation has been the leading strategy for the developing of our country’s foreign trade, with the overall tendency of theoretical studies and political practices being valuing the export trade while undervaluing or even neglecting the import trade. The contribution of export orientating to our economy’s developing is obvious to see, but it has also created some contentions over the years,which has caused trade surplus, the continuous rising of foreign exchange reserve, the increasing number of trade frictions,the imbalance of economic development and so forth. Therefore this issue should be taken seriously by the academic circle as well as policy-making departments of the government.Regarding the background information that has been mentioned above,this article will first sort out and analyze the overall scenario of foreign trade during the last sixty years with the summarizing of different features of importing scale and importing structure in different periods and the elaboration on why it is important to expand the importing scale and improve the importing structure in the new era. this article has come to the conclusion that import trade plays an irreplaceable role in our economy’s developing process with its main contributions being:promoting the strategic adjustment of our economic structure; alleviating the tensions between economic growth and limited resources; balancing the foreign exchange reserve, relieving the external pressure on RMB appreciation,easing the frictions in international trade;enlarging domestic demand, increasing the living standards of the people and so on.In the mean time,this article has also reviewed and summarize fiscal and tax policies that have direct impacts on foreign trade’s development in different periods and found out that there has been several problems as the fiscal and tax policies-which have been important means for the government to macro-control the economy, playing their parts in promoting the development of import trade in the general background of export orientation.There is still room for improvement in policy-making environment, tariff rate, tax incentives for import goods and policy-related financial supports. Regarding these issues,this article has made several pieces of advice through further expounding and researching, the proposals being: revising the strategy of export orientation, insisting on paying equal attention to expanding import and stabilizing export; adjusting the tariff rate and provisional tariff implementing range of some products and some exporting regions; carrying on the optimizing of tax incentive polices;encouraging policy-related financial institutions to provide services for businesses’import expansions. The expectation is that the fiscal and tax policies can be further optimized, import trade will develop more soundly, and the national economy will grow in a more healthy, coordinated and sustainable manner.