In the new export tax rebate standards, involving machine tool industry is only one commodity that CNC Carbide knives. The specific name is made ??of cemented carbide metalworking machine knives and blades (metal working), commodity code 8208101000, tax rebate rate from 5% to 11%. China Machine Tool Industry Association Branch Secretary Shen bolstering tool in an interview with reporters, said cemented carbide tool production is China's future development direction of the tool industry, the export tax rebate standards to improve, indicating the state of carbide cutting tools business support . 

     According to reports, China's tool production are mainly two products, namely high-speed steel cutting tools and carbide tools. Since the production of high-speed steel cutting tools cost a lot of resources, and low-end products, low prices, the industry will not encourage this. However, due to the needs of the domestic machinery manufacturing industry, as well as domestic enterprise technologies not yet transition tool, the tool most domestic enterprises still dominated by the production of such tools, while exports are also high. Last year, China exported $ 800 million knives, most of them are high-speed steel, carbide cutting tools only a few thousand yuan. Meanwhile, the export structure of this product is a result of international trade friction factor. Although the United States, Germany and other developed countries has not been a significant tool of reaction, but in Spain and South America have occurred in some countries boycott the event. Therefore, China's Machine Tool Industry Association branch repeatedly called for reducing the high speed tool steel tool exports, the national standard for carbide tools adjustment of export tax rebate is the best of the industry to encourage and support. 

      Xiamen Golden Egret Special Alloy products from tungsten powder to carbide cutting tools, has formed a complete industrial chain, and to deep-processed products such as microcrystalline tungsten carbide rods and precision carbide tools as the main direction of development. The company in Xiamen City, tungsten construction deep processing factories officially put into operation early next year, the initial annual sales could reach 200 million yuan, accounting for the proportion of the company's overall sales of about 20%. All put into the project, you can achieve additional sales revenue of one billion yuan high-tech products.  

    “Several times in this year's export tax rebate policy adjustment, carbide cutting tools and other products of export tax rebate rate from 5% to 11%, for enterprises, meaning there is more to increase its profits so simple. "Xiamen Golden Egret Special Alloy Hung, deputy general manager over said he believed that this policy change is to give the company a major confidence that our country is no longer ordered a halt in exports, at least the release of the industry's attention and proper export positioning, so the confidence is the most important. "With state support and the enterprise's own confidence in the future Golden Egret tool in the international market will be more competitive. "He said.