On account of optimization industrial structure, promotion foreign trade transformation growth, the government announced a adjustments in taxes on sep.9th, 2006, together with the subsequent adjustment, the average rate of the Tax Rebate dropped by 2 or 3 percent which results in tremendous influence on the economy of Guangdong province. The influence being Omni-directional, it has total quantity effect, structure effect, enterprise effect, as well as government effect.
Firstly, the paper gives a brief introduction to the tax rebate concerning the direction, vigor，aims. And then the combine analysis to the situations of the Exportation dependence, the structure of the export products, the local finance in Guangdong province and the history experience which gives a vivid view to the influence caused by the adjustment. Finally, this paper gives some innovation and practical suggestions which is very important to the sustainable and fast growth of the economy and export of Guangdong province. The suggestions are: to choose proper trade forms and marketing modes to reduce the total effect, to readjust the industrial structure by enhancing the technology level of the products, to enlarge the export volume by properly utilizing the present inner and outer condition, to reduce the local finance pressure by exploring a proper way.
[key words] Export Tax Rebate; Degree of dependence upon foreign trade; Generalized System of Preferences
