Attention friends who are engaged in the photovoltaic industry and foreign trade!
A major new policy has been officially implemented, and the entire industry is about to undergo a major reshuffle!
On April 6, the new policy issued by the Ministry of Finance and the State Administration of Taxation was officially implemented. From April 1, the export tax rebate policy for photovoltaic modules, photovoltaic cells and other photovoltaic products will be completely cancelled. The previous tax rebate rate was 13%. This news completely shocked the industry.
Many people do not understand that the export tax rebate policy is one of the core advantages of domestic photovoltaic product exports.
Previously, domestic photovoltaic companies could receive a 13% export tax rebate for exported products, which gave domestic photovoltaic products a strong price advantage in the international market. The global market share of my country’s photovoltaic products has remained above 90% for a long time.
Relying on this advantage, many domestic photovoltaic companies have emerged on the international stage, continuously expanding their market share, and promoting the vigorous development of my country’s photovoltaic industry.
The complete cancellation of export tax rebates this time means that the export costs of domestic photovoltaic companies will directly increase by 13%, the price advantage will be greatly weakened, and the industry will usher in a complete reshuffle.
Small and medium-sized photovoltaic companies themselves have thin profits and are likely to be eliminated when costs rise.
These enterprises are relatively weak in terms of capital and technology, and are often unable to bear the substantial increase in costs.
With the advantages of scale and technology, leading companies can better cope with rising costs, and their market share will be further concentrated.
Leading companies can reduce unit costs through large-scale production, while increasing investment in research and development to improve the technical content and added value of their products.
Industry insiders analyze that the implementation of the new policy will force domestic photovoltaic companies to shift from competing on price advantages to competing on technology and quality, promote industry technology upgrades, and eliminate backward production capacity.
In the long run, it will be beneficial to the healthy development of the entire photovoltaic industry.
In the new competitive environment, companies will have to increase investment in R&D and innovation to improve product performance and quality to meet market demand.
For example, companies may develop more efficient photovoltaic cell technology to improve solar energy conversion efficiency; or develop more durable and environmentally friendly photovoltaic modules to reduce environmental impact.
However, in the short term, the industry will inevitably experience a round of pain.
Many small and medium-sized photovoltaic companies may face survival difficulties, and a large number of employees may be affected.
The government and industry associations should actively take measures to help these enterprises tide over the difficulties, such as providing financial subsidies, loan support, technical training, etc.
At the same time, enterprises themselves should also actively adjust their strategies, strengthen cooperation with upstream and downstream enterprises, expand the domestic market, and reduce dependence on exports.
Only in this way can my country’s photovoltaic industry achieve sustainable development under the new policy environment and continue to maintain its leading position in the global market.
