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Jinzhou: Tax preferential policies support the development of the textile and apparel industry



Jinzhou: Tax preferential policies support the development of the textile and apparel industry Shijiazhuang Jinzhou City is the “Hebei Province Textile and Garment Export Base”. After years of devel…

Jinzhou: Tax preferential policies support the development of the textile and apparel industry

Shijiazhuang Jinzhou City is the “Hebei Province Textile and Garment Export Base”. After years of development, it has built an industrial structure with a complete chain and strong competitiveness. . The Jinzhou Taxation Bureau of the State Administration of Taxation provides detailed services around the development of the textile and garment industry to ensure the implementation of various preferential tax policies and add “tax power” to industrial development.

The icing on the cake helps enterprises expand and upgrade their capabilities.

Walking into the clothing production workshop of Hebei Weichen Garment Co., Ltd., amidst the sound of cutting, semi-finished clothing hanging in the air rotated in an orderly manner between different work stations.

Weichen Clothing is a new enterprise invested by Hebei Haowei Garment Co., Ltd., a local textile enterprise in Jinzhou, in order to realize the intelligent upgrade of production equipment. “Only by persisting in technological innovation can we continue to grow our company. Last year we enjoyed more than 1.1 million yuan in tax incentives, and we continued to invest this part of the funds in the equipment update of the new factory. Let national policy support turn into the driving force for the development of our enterprise.” Li Ce, deputy general manager of the company, introduced.

With the support of preferential tax policies, traditional textile and garment enterprises have accelerated their capacity expansion and upgrading. It is reported that after the new equipment was put into use, the work efficiency in the cutting process has increased by more than three times compared with before, and the use of the hanging system can accurately transport semi-finished products to the designated work stations, saving more than 30% in transportation costs.

Encourage innovation and promote technological transformation and research and development of enterprises

Hebei Shengke Textile Co., Ltd. is a technology-based small and medium-sized enterprise that mainly produces polyestercotton yarn, polyester-cotton cloth and other products. It develops flame-retardant fabrics and anti-static flame-retardant fabrics. Functional fabrics such as fabrics can be used in firefighting suits, welding aprons, protective gloves, workwear fabrics, car seats, etc. They are widely used and favored by domestic and foreign customers.

Last year, the company reduced various taxes by 248,000 yuan, and claimed to enjoy a super deduction of about 200,000 yuan for research and development expenses. Zheng Yunchong, the person in charge of the company, told the visiting tax cadres, “The tax policy’s support for technological improvement and product research and development has strengthened our belief in continuous investment. To be an enterprise, we must continue to innovate in order to achieve sustainable development.”

In March this year, the company carried out a technical renovation of the draw frame and single spindle testing equipment, further improving production efficiency. Not long ago, Hebei Shengke Textile Co., Ltd. reached a cooperation intention with a Nepalese customer and is currently making samples according to the customer’s requirements.

Efficient tax refund, export companies can enjoy benefits.

“In the first quarter of this year, we enjoyed an export tax rebate of 260,000 yuan. The efficient tax rebate has provided us with a lot of convenience.” Pang Cuixin, financial director of Hebei Shangji Textile Co., Ltd. said.

As a small and micro enterprise, the quick arrival of export tax refunds has increased working capital for Shangji Textile, ensuring the company’s normal production and operations, and also played a positive role in maintaining and expanding overseas markets. At present, the daily output of polyester sewing threads it produces is about 15 tons, which are mainly sold to Vietnam, South Korea and other places.

In Jinzhou, there are many export-oriented small and micro enterprises like Shangji Textile. The Jinzhou Municipal Taxation Bureau optimizes business processes and improves audit efficiency to ensure the timeliness of tax refunds and allow the export tax rebate policy to fully benefit small, medium and micro enterprises. Export enterprises do practical things and add vitality to help Jinzhou enterprises improve their external competitiveness and continue to become bigger, better and stronger.

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