Analysis On The Economic Effects Of Tariff Reduction On Imported Consumer Goods In China

The report of the 19th national congress of the communist party of China mentioned that the major contradiction in China's society has been transformed into the contradiction between the people's growing need for a better life and unbalanced and inadequate development.People's pursuit of a better life is mainly reflected in their demand for high-quality,diversified consumer goods.which poses a challenge for China to better meet the diversified and personalized consumer demand.At present,China's economy is faced with the problem of slowing down its development speed,and it is at a critical juncture to add impetus to consumption and promote the stable and healthy development of China's economy.The tariff commission of the state council has issued policies to reduce import tariffs on consumer goods for several times in a row.It is also of great significance to increase employment,ensure the development of people's livelihood and promote the upgrading of domestic industries.Economy determines taxation.In the process of economic development,consumers'purchasing power and consumption demand change.From the perspective of the theory of tax regulation,the reduction of import tariffs on consumer goods directly affects the quantity and amount of imports as well as the change of consumers'demand for this kind of goods.All of these reflect the economic effect brought by the policy of reducing tax on consumer goods to a certain extent.However,on the other hand,tariff adjustment is different from the mechanism of domestic tax adjustment,so there will be more correlation effects on the tax reduction of imported goods.It is the focus of this paper to explore the specific economic effects of reducing import tariffs on consumer goods and how subsequent governments should adjust the tax policy to achieve better expected effects.On the basis of theoretical analysis,this article is based on multiple reduce import tariff taxation policy,consumer goods and consumer tax reduction and the number of monthly import amount and imported consumer goods,intuitively describe the tax reduction of consumer goods in import quantity and amount before and after the policy change,and use the quantitative analysis model,such as double difference evaluation test consumer tax reduction policy brought about by the economic effect.Firstly,this paper briefly expounds the domestic and international background of the reduction of import tariffs on consumer goods,sorts out the previous tax reduction policies,and selects 14 goods of repeated tax reduction from the five tax reduction lists as research objects.Secondly,by comparing the import and export tariff of 2018PDF and bilingual edition?including directory?^[1],the selection of material with lower taxes consumer products use similar but different not lower taxes as a control group of consumer goods,on the implementation of the tax policy and tax reduction of consumer goods drop monthly imports of consumer goods quantity and amount change relations as the research object,using the method combining the theoretical analysis and empirical research,according to the data to graphics intuitive description lower taxes import amount and the change of the quantity,and using the double difference method is used to test the economic effect brought by the tax reduction,this paper mainly studies effect and welfare effect of trade growth).Further,the double difference estimation results show that the tax reduction policy has a significant positive impact on the increase of the import quantity and import amount of consumer goods with tax reduction.Finally,according to the actual situation of the tax reduction of consumer goods and the analysis of the effect of the tax reduction policy,this paper proposes to continue the appropriate implementation of the tax reduction policy,so as to expand the quantity and amount of imports of these consumer goods.We will reduce import tariffs on consumer goods that are urgently needed by some consumers but are in short supply in the domestic consumer market,so as to meet consumers'demand for different consumer goods,expand varieties and patterns in the domestic consumer market,and promote shopping facilitation for domestic consumers.At the same time,through the analysis of the implementation effect of the tax policy,on the one hand,it provides guidance for the further implementation of the tax reduction policy for consumer goods in the future,on the other hand,it also provides ideas and methods for the follow-up research.