In the context of the continued appreciation of RMB, the rising cost of upstream raw materials and the substantial reduction of textile exports, will the new export tax rebate deal soon come to an end to the winter of textile industry?

Yesterday, reporters learned from authoritative channels, textile tax rebate rate callback policy has passed, and will be selected.

The government is about to launch.

"Prior to this, the China clothing association called after the investigation: the pressure of garment export enterprises is too large, the current tax rebate is too low, and it is recommended to return to a suitable proportion."

"Today, Wuhan's export enterprises are already less than 10%," Huang Hui, chairman of Wuhan red man group, one of the four banners of Han style clothing, told reporters.

The statistics provided by the statistics department show that in the first half of May this year, Hubei's mechanical and electrical products exported 2 billion 70 million US dollars, accounting for nearly half of the total export value, while the export garments and accessories were only US $400 million.

It is said that in the export tax rebate policy, the textile will be adjusted from 11% to 13%, clothing from 11% to 15%.

Yesterday, an expert from the Hubei provincial chamber of Commerce said in an interview with reporters that once the callback policy was released, the most favored small and medium sized textile enterprises need policy support.

A forecast from the first textile network showed that if the tax rebate and other supporting policies were introduced, the export tax rebate for textiles and clothing would total about 17 billion 639 million yuan in the second half of the year.

There is no "savior" in the world.

Although there will be significant benefits, experts also said that although the export tax rebate callback is a major positive, export enterprises still need to be cautious in placing orders.

The head of the Wuhan Council for trade promotion also insists that there is no "savior" in the world, and the most fundamental way is to "save themselves".

Reporters found that for the upcoming good, the attitude of Wuhan's clothing enterprises can only be summed up in two words - wait and see.

Huang Hui said: "for Chinese enterprises, the export resources mismatch is the biggest obstacle that has not yet been eliminated, such as limited customers, too much profit margins, too little profit margins, poor supply chain of raw materials, and low export business atmosphere.

Experts believe that in the face of rising costs and the appreciation of the renminbi, the long run of textile enterprises to rely on low cost advantages to compete in the market and rely on low prices to occupy the international market is gone forever.