Printing Industry and Printing Industry Related Policies and Interpretations in 2011

Judging from the macro policies announced by various ministries and commissions this year, both the printing industry and the printing industry can benefit from this. The policies enjoyed by the printing industry are mainly reflected in the tax incentives for imported equipment and export products; the policies enjoyed by the printing industry mainly show the support of the state for high-end, digital, and environmentally-friendly printing presses. As one of the eight key cultural industries, the printing industry is enjoying more and more policy dividends.

Printing policy: The direction of support for high-end digital environmental protection is from the "Guiding Catalogue for Industrial Structure Adjustment" to "Guidelines for Priority Areas for High-tech Industrialization Prior to Development" and "Guidelines for Common Key Technologies for Industry Development". These macroeconomic policies for the 2011 edition Both regard high-end, digital and environmental protection as the support direction of the printing industry. In the “12th Five-Year Plan” period, the “Opinions on Promoting the Sustainable and Healthy Development of Electrical and Mechanical Products Export” was the first time that the printing machinery industry was listed as a key export industry. The printing industry received unprecedented policy support in 2011.

The new version of the Industrial Structure Catalog encourages the manufacture of high-end printing equipment. The National Development and Reform Commission released its “Guidance Catalogue for Industrial Structure Adjustment (2011 Edition)” on its website on April 25. This directory has been implemented since June 1, 2011 and is still divided into three categories: encouraged, restricted, and eliminated.

Among the mechanical catalogs in the encouraged category, the catalog includes the following nine high-end printing equipment: sheet-fed multi-color offset printing presses, commercial web offset printing presses, newspaper web offset printing presses, multi-color wide-format flexographic printing presses, Unit-type flexographic printing presses, environmentally friendly multi-color gravure gravure printing presses, inkjet digital printing presses, CTP direct platemaking machines, non-axis CNC flat presses, and detailed technical specifications.

In the Encouraging Catalog, new items such as "water-based inks, UV-curable inks, vegetable oil inks and other energy-saving and environmentally-friendly inks" were added to the Chemicals Catalogue, and "Medicinal Packaging Material-free Benzene Ink Printing Processes" was added to the medical category.

In the eliminated category, the light industry category retained the original "animation ink for gravure printing" entry, and added the "production of benzene-based solvent-based ink" entry.

[Impact Assessment] This directory is in line with the transformation direction of printing technology in the future, and also reflects the development direction of green environmental protection.

Digital Printing Equipment Listed as National High-tech Industrialization Key National Development and Reform Commission released on its website on October 20 the “Guidelines for Priority Areas for High-tech Industrialization (2011)”. In the advanced manufacturing industry, 11 kinds of digital special technologies and equipment were included. They are: flat sheet multicolor high-speed offset printing press, inkjet digital printing press, satellite flexographic printing press, high-speed web offset press, multi-color gravure printing press, intelligent multi-color double-side printing equipment, light-based Engraving technology imprinting equipment, computer-to-plate (CTP) technology and equipment, green platemaking technology and equipment based on nano-materials, digital electronic shaft drive technology, and digital scanning plate-making printing integration printing machine. In the new materials industry, low-carbon and environmentally friendly packaging materials are included.

[Impact Assessment] This policy will help promote the digital printing and digitalization of the industry, promote the optimization and upgrading of the printing industry structure, and promote the transformation of development methods.

For the first time, printing machinery was included in the website of the Ministry of Commerce of the Ministry of Commerce, a major exporter of mechanical and electrical machinery. On August 11th, “Opinions on Promoting the Sustainable and Healthy Development of Export of Electromechanical Products during the Twelfth Five-Year Plan Period” (hereinafter referred to as “Opinions”) was published, including printing machinery. The industries were listed as key export industries. This is the first time that the printing machinery industry has been listed as one of China's key export industries for electromechanical products.

The "Opinions" clearly set forth four development goals for the export of mechanical and electrical products: optimizing the structure of export products, optimizing the structure of export markets, optimizing the structure of export operations, and gradually creating new competitive advantages in exports of mechanical and electrical products. In addition, the "Opinions" also proposes to strengthen the innovation capability of mechanical and electrical export enterprises; support enterprises in the introduction of advanced technology, key equipment and core components; guide enterprises to increase investment in brand building in the international market; and promote enterprises to carry out foreign registration protection of trademarks and patents. Increase the financing support for SME exports; expand the use of RMB across borders; pay attention to the coordinating role of intermediaries.

[Impact Assessment] This policy will help improve the international competitiveness of the printing machinery industry and improve the technical level of domestic printing equipment.

The 3 printing equipment technologies were included in the industry key and common technology industry and information technology department. On July 7th, the “Key Industry Common Technology Development Guide (2011)” (hereinafter referred to as the “Guide”) was released on the website. The key of 3 high-end printing equipments Common technologies are listed in the "Guide". They are: high-end, intelligent printer ink control system technology, high-end, intelligent printer electronic shaft (shaftless) transmission system technology, inkjet digital printing machine piezoelectric inkjet print head Manufacturing Technology.

[Impact Assessment] If domestic equipment manufacturing companies can develop and produce these three kinds of products, they will fill domestic gaps and break foreign monopolies.

Printing Policy: Tax Benefit Analysis for Imported Equipment Exported Products It is not difficult to find out in 2011 the policies concerning printing companies that have been introduced. It is the main melody to enjoy tax incentives for imported equipment and export products. These preferential policies are designed to encourage printing companies to “go global” and encourage the transformation and upgrading of export-oriented printing companies.

Tariff Adjustment of Imported Printing Equipment in 2011 The State Council Tariff Commission issued the “2011 Tariff Implementation Plan” on the website of the Ministry of Finance and announced that from January 1, 2011, China has further adjusted the tariff rates for import and export tariffs. Compared with 2010, the import tariffs on printing equipment and equipment increased or decreased in 2011: the tariffs on imported plates and computer-to-plate (CTP) equipment were increased, and the tariff on imported inkjet heads was reduced.

Compared with the 2010 version of the tariff implementation plan, the MFN tariff rates for the imported PS and CTP versions increased significantly from 2.9 yuan/square meter in 2010 to 8.1 yuan/square meter in 2011, of which the CTP version was implemented in 2011. The provisional tax rate is 4.7 yuan/square meter.

In comparison with previous years, there was a marked change in the provisional tax rate for imported printing equipment and equipment in 2011. The zero-tariff policy for imported CTP equipment that has been implemented since November 1, 2006 has been cancelled. In 2011, the provisional tax rate was 3%.

Another change that is worth the attention of the industry is the temporary tariff rate for imports of piezoelectric inkjet heads from 6% to 3%.

[Impact Assessment] The elimination of zero tariffs on imported CTP equipment is due to the fact that the technology and output of domestic manufacturers have greatly improved over the past. Reducing import tariffs on inkjet heads will help ink jet printer manufacturers reduce production costs.

China purchased 5 types of printing presses from Taiwan to reduce taxes. The Ministry of Commerce issued a message on its website saying that the "Cross-Strait Economic Cooperation Framework Agreement" (ECFA) has officially come into effect on September 12, 2010, in order to benefit the people on both sides of the straits as quickly as possible. In addition, various preparations have been made and the early harvest plan will be fully implemented on January 1, 2011. Since five types of printing machines were included in the program, printing companies benefited from the implementation of the plan.

According to the 2011 tariff implementation plan, the mainland side reduced the tax on 557 products originating in Taiwan. According to the "List of Early Harvested Goods and Tax Reduction Arrangements" previously announced by the Ministry of Commerce, the tax reduction list includes one printing ink and five printing presses. Their names and tariff numbers are: other printing inks (32151900), paper cutters (84411000), other machines for manufacturing pulp products, paper products (84418090), flat screen printing machines (84431922), other screen printing machines ( 84431929), other printing presses (84431980). According to the agreement, both parties will implement zero tariff on early harvested products in three steps within two years after the implementation of the early harvest plan.

[Impact Assessment] Taiwan's printing machinery manufacturers benefit, and mainland printers can buy cheaper machines.

The import processing equipment enterprises were transformed into legal person enterprises. Imported equipment was provided by the Ministry of Finance, the Ministry of Commerce, the General Administration of Customs, and the State Administration of Taxation on November 14 issued a notice to clarify the taxation of imported equipment involved in the transformation of processing enterprises for incoming materials into legal entities. Policy issues. During the period from July 1, 2011 to December 31, 2012, all non-priced equipment provided by foreign processing companies that do not have legal personality shall be invested in the establishment of a legal entity, or on July 1, 2009 - During the period of December 31, 2012, if the entire non-priced equipment of the company was transferred to the legal entity established by the same investor as an investment as a whole, it shall be allowed to register for processing trade on December 31, 2008 and before. On June 30, 2009 and before, it declares that imports have not lifted the non-priced equipment for customs supervision and is exempted from paying import duties and import value-added tax. The length of customs supervision on non-priced equipment can be calculated continuously.

In the period from September 9th, 2008 to June 30th, 2009, the company has transformed from a non-legal processing company that does not have a legal personality to a legal person company, and it has not transferred to a legal person company but has not cancelled the customs supervision. They are allowed to be treated as investments and are exempted from paying import duties and import value-added tax. The length of customs supervision on non-priced equipment can be calculated continuously.

[Impact Assessment] Export-oriented printing companies will benefit from this policy.

Foreign-invested Indian companies that export products have enjoyed the tax refund policy for imported equipment. The General Office of the Ministry of Commerce, the General Office of the Ministry of Finance, the General Office of the General Administration of Customs, and the General Office of the State Administration of Taxation jointly issued the “About the Inspection of the Export Situation of Some Foreign-invested Enterprises” on August 31. Supplementary Notice of Work (hereinafter referred to as "Notice"). According to the "Notice", permitted foreign-funded enterprises that directly export their products shall enjoy the preferential tax rebate policy for imported equipment.

[Impact Assessment] This is a good news for foreign printing companies. Since 2005, the relevant policies of the National Development and Reform Commission have basically closed the gates of foreign-funded printing companies that import equipment is tax-free.

India and China Enterprises Benefited from Cross-Border Trade RMB Settlement Full Coverage Policy The People's Bank of China website published on August 24th six departments’ “Circular on Expanding Cross-Border Trade RMB Settlement Area” (hereinafter referred to as “Notice”), which will cross-border trade settlement in RMB The scope has expanded to the whole country. In June last year, the six departments expanded the offshore settlement area to all countries and regions. So far, two years have passed since the pilot of RMB settlement for cross-border trade was launched, and domestic settlement and settlement areas have been fully covered.

The "Notice" was issued jointly by the People's Bank of China, the Ministry of Finance, the Ministry of Commerce, the General Administration of Customs, the State Administration of Taxation and the China Banking Regulatory Commission. The "Notice" made it clear that the areas of cross-border trade in RMB settlement increased in Hebei, Shanxi, Anhui, Jiangxi, Henan, Hunan, Guizhou, Shaanxi, Gansu, Ningxia, and Qinghai, and the area expanded to the whole country. The enterprises in the 11 newly added provinces (districts) can use the renminbi for the settlement of import trade, cross-border trade in services, and other current accounts in accordance with the "Pilot Measures for the Administration of Cross-border Trade Yuan Settlement."

The "Notice" also clarified that pilot enterprises in Jilin Province, Heilongjiang Province, Tibet Autonomous Region and Xinjiang Uygur Autonomous Region can conduct RMB settlement services for export goods with foreign countries and regions in accordance with the "Cross-border Trade RMB Settlement Pilot Management Measures."

In addition, the "Notice" requires the above-mentioned new 11 provinces (districts) and 4 provinces (districts) of the government to coordinate the relevant local departments to recommend the RMB settlement of export trade pilot companies, and submitted to the six departments for review. After verification, the pilot enterprises using the RMB to settle export trade in accordance with the relevant provisions of the export declaration procedures, enjoy the export goods refund (exempt) policy.

[Impact Assessment] This foreign-oriented printing company is a policy favor. When RMB is used instead of US Dollars, Euros, and British Pounds when the import and export business is settled, companies can avoid exchange rate risks, reduce exchange costs, and simplify export procedures.

Indian and Chinese enterprises import electromechanical products can choose RMB as monetary unit The national electromechanical products import and export office has recently published on the website of the Ministry of Commerce “Notice on Adding RMB Currency Options to Mechanical and Electrical Products Import and Export Management System” (Mechatronics Office No. [2011] No. 49) In order to further facilitate the import of enterprises, and actively promote imports, the RMB currency options have been added to the import and export management system for electromechanical products from now on, and the 20 RMB cross-border trade settlement pilots can implement this policy.

[Impact Assessment] The use of RMB as an import settlement currency can not only reduce foreign exchange settlement exchange loss, but also reduce the cost burden of imported equipment and raw materials.

Small and micro printing and packaging companies benefit from preferential policies This year, China has invested unprecedented attention on the survival and development of small and micro enterprises. In the past year, relevant departments have successively issued a number of favorable policies on small and micro enterprises. Most of China's printing and packaging industry is SMEs, among which small and micro enterprises occupy a considerable proportion. These policies will benefit a large number of small and micro-printing and packaging companies and create a good business environment for them.

Nine Financial and Tax Policies Directed to Helping Small and Micro Enterprises On October 12, the State Council held an executive meeting to study financial and fiscal policy measures to support the development of small and micro enterprises, and proposed nine financial and fiscal policies that support the development of small and micro enterprises.

Financial policies to support the development of small and micro enterprises include six aspects: first, increasing credit support for small and micro enterprises; second, clearing and rectifying unreasonable charges for financial services to effectively reduce the actual cost of corporate financing; and third, broadening the scope of small businesses. Micro-enterprise financing channels; fourth is to refine the differentiated supervision policies for small and micro enterprise financial services; fifth is to promote the reform and development of small financial institutions; and sixth is to promote the healthy development of private lending on the basis of standard management and risk prevention.

The fiscal and taxation measures to support the development of small and micro enterprises are mainly in three aspects: first, increasing tax support for small and micro enterprises; second, supporting financial institutions to strengthen financial services for small and micro enterprises; third, expanding special funds for small and medium-sized enterprises. Scale, more use of indirect ways to support small and micro enterprises.

The half-income tax rate for small and micro enterprises increased from 30,000 yuan to 60,000 yuan. The Ministry of Finance and the State Administration of Taxation jointly issued a notice on the income tax policy for small-scale low-profit enterprises from January 1, 2012 to December 31, 2015. On the other hand, for small-scale low-profit enterprises with annual taxable income less than 60,000 yuan (including 60,000 yuan), their income is deducted by 50% in the amount of taxable income, and corporate income tax is paid at a 20% rate.

The notice issued by the two departments in January stated that from January 1, 2011 to December 31, 2011, the income of small profit-making enterprises with annual taxable income of less than 30,000 yuan (including 30,000 yuan) was obtained. The reduction of taxable income by 50% and the corporate income tax by 20%.

Exemption from administrative fees for small and micro-enterprises. The Ministry of Finance and the National Development and Reform Commission jointly issued the "Circular on the Exemption of Certain Administrative Charges for Small and Micro-sized Enterprises" on November 17th. It was decided on January 1, 2012 that small micro The enterprises are exempted from administrative fees such as management fees, registration fees, license fees, etc., including enterprise registration fees, tax invoice costs, customs supervision fees, land registration fees, computer software copyright registration fees, etc., as well as provinces ( Districts and cities) The government, its financial and price departments shall, in accordance with their administrative authority, approve the establishment of management fees, registration fees, and license fees for administrative fees. According to the notice, the policy is valid until December 31, 2014.