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Tax Rebates, Prices & Quality

Trade Balance
China has recently reduced the tax rebates of exporting goods across the industries. Thanks to global pressures to balance her trade surplus. The tax rebate program, introduced more than two decades ago to boost the Chinese exporting industries, had allowed US importers to enjoy great savings. Therefore, as the tax rebate diminished (as much as 13% in some industries), we will inevitably see drastic price increases on most Chinese manufactured products in the near future.
Warning!
While nobody welcomes increased prices, who'd welcome decreased profits? With the handsome export tax rebates gone and the value of the Chinese currency (RMB) increases day by day, there is only one way some manufactures keep their price low: to cut cost at the production level. And the result? More low quality products will appear on the market.
Quality Matters
As a security products manufacturer and distributor, NU-SET will continue to strike for the best quality while maintaining the most competitive price. Our customer is our #1 priority, it is our goal to provide the best product and of course our best customer service.

This article was published on Monday September 24, 2007.
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