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Two Sessions Sound: Luxury Goods In China The Highest Price In The World

2012/3/10 10:43:00 22

LuxuryPriceChina

"Even if the tax rate is reduced to 0,

Luxury goods

Yesterday, the NPC deputy and deputy director general of the Customs General of China Sun Yibiao was surprised when he spoke to the delegation of Shanghai. When he accepted an exclusive interview with the Morning Post reporter yesterday, the representative of Sun Yibiao also said, "luxury goods".

brand

Businessmen want to give domestic consumers the highest price in the world. In fact, tariffs only account for 3%~4% of the price of luxury goods.


"The issue of luxury goods has recently been heated by society. Is our tax too high, leading to many people who love luxury goods to buy abroad?"

On the 7 day, Sun Yibiao, who has the status of deputy to the National People's Congress and deputy director of the General Administration of Customs of China, should be present at the request of the National People's Congress, focusing on the hot topic of luxury tax reduction.


Sun Yibiao said that the average tariff rate of China now is 9.8%, which has already met the promise of WTO accession.


"Formerly called luxury goods, now called consumer goods."

On behalf of the tax rate for luxury goods, Sun Yibiao representative further explained that in the past view, luxury goods seemed to be very rich people, but in fact, these general luxury goods used to be considered to be more accurate.

consumer goods


Sun Yibiao pointed out that, for example, brand name bags and cosmetics, the current price in China is so high that it is definitely not caused by tariff collection to them, but the price of luxury brands is determined by brand names.


The representative of Sun Yibiao said that the international luxury goods usually have three prices, one is the New York price, the other is the US price; the other is the French price, which is targeted at the EU countries; one is the Japanese price, which is targeted at Asia.

For China, the price of international luxury brands is so high.


"For example, watches, tariffs only account for 3%~4% of its price."

Representative Sun Yibiao said, "I take a step back, that is, tariffs will be 0, and the price of luxury goods will be so high."

However, "tariff is 0, which means that all profits are sold to branding providers, and they can not protect domestic products."

Representative Sun Yibiao said.


Sun Yibiao's representative said that some places in the country are seeking those luxury brands to come in. Finally, the situation is that there is a large number of luxury goods abroad, and the price of luxury goods is cheap.

If this situation does not change, "you just get rid of all the taxes, and the domestic price will not come down."

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