Diplomacia e Relações Internacionais
Parece a solução mais racional e mais lógica, não é mesmo?
Se um governo quer estimular o consumo, fazendo com que a renda dos cidadãos tenha o maior aproveitamento possível, a solução mais eficiente seria cortar impostos e tarifas de importação, parda que os cidadãos possam dispor de mais renda pessoal para comprar os produtos.
Mas isso é na China...
Paulo Roberto de Almeida
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Diplomacia e Relações Internacionais
Estimular a economia?: corte impostos e baixe as tarifas...
Parece a solução mais racional e mais lógica, não é mesmo?
Se um governo quer estimular o consumo, fazendo com que a renda dos cidadãos tenha o maior aproveitamento possível, a solução mais eficiente seria cortar impostos e tarifas de importação, parda que os cidadãos possam dispor de mais renda pessoal para comprar os produtos.
Mas isso é na China...
Paulo Roberto de Almeida
China cuts import duties to boost spending
By Wang Yanlin
Shanghai Daily, 31/03/2012
IN a bid to boost imports, China is cutting duties on some products, expanding financing channels for importers and streamlining the regulatory process, the State Council announced yesterday.
It is the first time China's Cabinet has devoted a regular meeting to the issue of boosting imports, which is usually under the purview of China's Ministry of Commerce.
"As we maintain stable growth in exports, we should focus more on imports and appropriately expand the size of imports," the State Council said in a statement after a meeting chaired by Premier Wen Jiabao.
China, the world's largest exporter, will have to rely less on exports to drive its economy in coming years, when growth in major US and European markets slows.
Importing more will lift living standards and soothe China's disputes with its trade partners.
To boost imports, import duties will be cut for "some energy products, raw materials, consumer goods closely related to people's daily lives, and key items that China does not produce," the State Council statement said.
"China needs to pay more attention to imports while keeping exports stable, considering more environmental restrictions and people's higher standards of living.
"We should make good use of imports to accelerate technological innovation, improve people's livelihoods and reduce trade conflicts."
China will optimize the structure of imports, stabilize purchases of commodities, and encourage imports of advanced machinery equipment, key parts and consumer products, the State Council said.
It did not specify whether luxury products are included in the consumer products sector.
Last year, however, the Ministry of Commerce said the government was considering lowering the tax on luxury products in a bid to boost spending at home.
Some other measures to bolster imports discussed during the meeting included commercial banks being encouraged to lend to importers of machinery, key parts, energy and raw materials, and insurance companies introducing more services for importers.
Customs at all levels, as well as bureaus of entry-exit inspection and quarantine, will be told to reduce red tape and move their procedures online to make the process more convenient for importers.
"The efforts are unprecedented," said Xue Jun, an analyst at CITIC Securities Co. "The government officials are taking seriously the boosting of imports."
China used to stress exports as an important source of economic growth. However, China's imports have grown strongly over the past two years when exports were affected by waning global demand amid the economic crisis.
To restructure China's economy into one driven more by consumers, China is adopting a "buy more but not sell less" tactic, which helped narrow its trade surplus by 14.5 percent in 2011 to US$155 billion.
In February, China posted a US$31.5 billion trade deficit as it sucked in commodity imports that pushed total purchases up 39.6 percent compared to a year ago, more than double the pace of export growth.
Vice Premier Li Keqiang said earlier this month that China would import US$10 trillion worth of goods and services in the five years ending in 2015.
It is the first time China's Cabinet has devoted a regular meeting to the issue of boosting imports, which is usually under the purview of China's Ministry of Commerce.
"As we maintain stable growth in exports, we should focus more on imports and appropriately expand the size of imports," the State Council said in a statement after a meeting chaired by Premier Wen Jiabao.
China, the world's largest exporter, will have to rely less on exports to drive its economy in coming years, when growth in major US and European markets slows.
Importing more will lift living standards and soothe China's disputes with its trade partners.
To boost imports, import duties will be cut for "some energy products, raw materials, consumer goods closely related to people's daily lives, and key items that China does not produce," the State Council statement said.
"China needs to pay more attention to imports while keeping exports stable, considering more environmental restrictions and people's higher standards of living.
"We should make good use of imports to accelerate technological innovation, improve people's livelihoods and reduce trade conflicts."
China will optimize the structure of imports, stabilize purchases of commodities, and encourage imports of advanced machinery equipment, key parts and consumer products, the State Council said.
It did not specify whether luxury products are included in the consumer products sector.
Last year, however, the Ministry of Commerce said the government was considering lowering the tax on luxury products in a bid to boost spending at home.
Some other measures to bolster imports discussed during the meeting included commercial banks being encouraged to lend to importers of machinery, key parts, energy and raw materials, and insurance companies introducing more services for importers.
Customs at all levels, as well as bureaus of entry-exit inspection and quarantine, will be told to reduce red tape and move their procedures online to make the process more convenient for importers.
"The efforts are unprecedented," said Xue Jun, an analyst at CITIC Securities Co. "The government officials are taking seriously the boosting of imports."
China used to stress exports as an important source of economic growth. However, China's imports have grown strongly over the past two years when exports were affected by waning global demand amid the economic crisis.
To restructure China's economy into one driven more by consumers, China is adopting a "buy more but not sell less" tactic, which helped narrow its trade surplus by 14.5 percent in 2011 to US$155 billion.
In February, China posted a US$31.5 billion trade deficit as it sucked in commodity imports that pushed total purchases up 39.6 percent compared to a year ago, more than double the pace of export growth.
Vice Premier Li Keqiang said earlier this month that China would import US$10 trillion worth of goods and services in the five years ending in 2015.
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- A China Perdeu A Paciencia Com Seu Enfant Terrible? - Financial Times
China banks rein in support for North KoreaBy Simon Rabinovitch in Dandong, ChinaFinancial Times, 14/05/2013 Top Chinese banks have halted most dealings with North Korea, an unprecedented move to use financial leverage against Pyongyang that...
- Comercio Hemisferico Em Energia - Jed Bailey
“A Quiet Reversal in Hemispheric Energy Trade”Jed BaileyManaging Partner - Energy NarrativeCambridge, MassachusettsOctober 9, 2012 IntroductionThe recent surge in domestic oil and natural gas production, combined with stagnant demand...
- Miragens Chinesas - The Economist
Brazil/China economy: Rebalancing the relationship The Economist, April 13th 2011 FROM THE ECONOMIST INTELLIGENCE UNIT Sino-Brazilian commercial ties have expanded rapidly in the last decade, and China is now Brazil’s top trading partner—and was its...
- Brics Ma Non Troppo: How To Be United Separately (financial Times)
Brics summit: few details, low expectations Jamil Anderlini Financial Times, April 12, 2011 Getting the leaders of the world’s largest developing nations together on the tropical Chinese resort island of Hainan is apparently no easy feat. With just...
- Five Myths About Us Exports - The Washington Post
Opinion: Five myths about U.S. exports By Bruce Katz and Jonathan Rothwell The Washington Post, Sunday, September 5, 2010 Since January, when he announced his goal of doubling U.S. exports within five years, President Obama has argued that increasing...