Expert indicated that the tax rate of China & other ASEAN countries will decrease notably after ASEAN starting up tax-decreasing plan for China-ASEAN free trade area according to the agreement reached by China and ASEAN.
The average tax rate of Thailand is 21.5% , decreased to 10.6% since January1,2007, 4.7% since January1,2009, zero in 2010; the average tax rate for Malaysia textile is 16.8%, decreased to 9.2% in 2007, 3.9% in 2009, scraping textile custom in 2010; the decreasing process for Vietnam textile tax is :27.2% in 2006, 5.8% in 2013, zero in 2015.
The expert indicate that the establishing of China-ASEAN Free-trade area bring great development opportunity to our textile industry. Some new ASEAN member countries such as Vietnam, Burma take textile industry as the field arousing investment one after another. In the same time, Shenzhen textile & apparel enterprise arrive in ASEAN to carry out textile process, which can not only evade trade dispute, reduce risk,but also help importer solve the problem in employment and tax , upgrade textile structure.
