Interpreting the Six Major Signals Related to the Printing Industry in the 2016 Central Economic Work Conference
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The Central Economic Work Conference was held in Beijing. As China's annual highest-level economic special conference, although focusing more on macroeconomic fields, it also has a profound guiding significance for China's printing industry. Below, let us interpret the key contents of the Central Economic Work Conference from the perspective of the printing industry.
Interpretation 1: Overall macroeconomic stability, lay the confidence for the development of the printing industry in 2016
The meeting held that on the one hand, China's basic economic development is good, with great potential, strong resilience, and large room for maneuver. On the other hand, it also faces many difficulties and challenges, especially structural overcapacity.
It is not difficult to see from the above statement that the country is still full of confidence in the direction of China’s economic development in the future, but also stresses the risks. Although we have seen such warning words as “faced with many difficulties and challenges”, there are also optimistic judgments such as "China's economic development is fundamentally good, with great potential, strong resilience, and large room for maneuver." In 2016, as long as the printing companies have bitten their teeth and made breakthroughs in transformation, upgrade and innovative operations, the prospects are still promising. The overcapacity must also be the focus of the printing company's risk management and control.
Interpretation 2: Pay more attention to promoting the formation of green production methods. Green printing is still an annual concern
The meeting pointed out that to lead the new normal economic development, we must strive to achieve a change in the focus of the work in many aspects. To protect the ecological environment, we must pay more attention to promoting the formation of green production methods and consumption patterns.
Coming soon in 2015, the state and local governments have successively introduced a number of environmental laws and regulations aimed at the printing industry. Many laws and regulations are very strict. On the one hand, we need to see that since the printing industry formally promoted the implementation of green printing in 2010, green printing has achieved remarkable results in China. On the other hand, we also realize that with the accelerating process of national governance and environmental pollution, printing companies may face a more severe environmental protection situation. In the issue of green environmental protection and cleaner production, printing companies need to make early plans.
Interpretation 3: Actively and steadily resolving overcapacity, poorly-operated printing companies or risk of elimination
The meeting pointed out that active and steady solution to excess capacity. It is necessary to study and formulate a comprehensive supporting policy system in accordance with the methods of the main body of enterprises, government promotion, market guidance, and disposal in accordance with the law, and adjust measures to local conditions and orderly disposal, and properly handle the relationship between maintaining social stability and advancing structural reforms. It is necessary to create conditions for the implementation of market-oriented bankruptcy procedures in accordance with the law and speed up the examination of bankruptcy liquidation cases. We must strictly control the increments and prevent new excess production capacity.
Overcapacity can be regarded as one of the biggest problems faced by the printing industry. However, at this meeting of the Central Economic Work Conference, it was clearly stated that we must “declare war on excess capacity” and “according to the law, create conditions for the implementation of market-based bankruptcy procedures and speed up bankruptcy. The statement of “liquidating the case” means that the destiny of many poorly-operated printing companies will probably be irreversible, and the state will also “cover the bottom” in relevant policies to ensure the stable operation of the market.
Interpretation 4: Further reduce the tax burden on small and micro enterprises, and actively reduce business costs
Help companies reduce costs. It is necessary to carry out actions to reduce the cost of enterprises in the real economy and create "combination punches." We must reduce the burden of corporate taxes and fees, further positive tax clearance, clear up various unreasonable charges, create a fair tax environment, and study the reduction of the manufacturing VAT tax rate. We must reduce social insurance premiums and study how to streamline and integrate "five risks and one gold."
In the upcoming past year, the country has introduced a number of policies that are beneficial to small and micro enterprises to reduce taxation and financing burdens. For example, if small and micro enterprises with a 50 percent reduction in corporate income tax are covered, the annual taxable income of 200,000 yuan will include 200,000 yuan. The yuan will be extended to 300,000 yuan or less, including 300,000 yuan monthly sales, 20,000 yuan to 30,000 yuan for small and micro enterprises, individual industrial and commercial households and other individuals exempt from the VAT, business tax preferential policy implementation period, extended from the end of this year To the end of 2017.
From the report of the new phase of the Central Economic Work Conference, it can be seen that more favorable policies for small and micro-printing companies will be introduced in 2016, and as the manufacturing VAT tax rate and social insurance premiums are reduced, more printing is needed. Enterprises will enjoy the benefits of reform.
Interpretation 5: Continue to focus on optimizing policies for opening up to the outside world, and the pace of “going out” in the printing industry will accelerate
The meeting pointed out that we must continue to focus on optimizing the opening up of the region, promoting foreign trade to make excellent use of foreign investment, actively use foreign capital, strengthen international production capacity and equipment manufacturing cooperation, speed up negotiations in free trade zones and investment agreements, and actively participate in global economic governance.
In recent years, China's printing industry has always advocated a "going out" strategy. Overseas investment, acquisition of overseas technology and assets will become an indispensable element in China's future printing industry. In 2014, China's printing external processing trade volume reached 86.62 billion yuan, and it is still growing. The favorable policies of the "One Belt and One Road" and the "RMB into the SDR" have been introduced in succession, which also provides more favorable conditions for the "going out" strategy of the printing industry and the development of foreign trade.
Interpretation 6: Adhere to the deep implementation of innovation-driven development strategy, "Internet +" printing business will continue
The meeting pointed out that we must persist in implementing innovation-driven development strategies, promote popular entrepreneurship and innovation, rely on reforms and innovations to accelerate the growth of new kinetic energy and upgrade traditional kinetic energy.
Innovation is the source of economic growth and development, and it is the fundamental force that drives the continuous transformation and continuous development of the printing industry. What is gratifying is that the printing industry is setting off an upsurge of popular entrepreneurship and innovation. Various types of e-commerce and Internet companies that are active in the printing industry emerge one after another. At present, the “Internet Plus” is profoundly changing our lifestyle and production methods. The printing industry must really integrate Internet thinking and keep pace with the progress of this era. We must digitally, network, and intelligently recreate the entire industry. To achieve the sustainable development of the printing industry.