It is learned from the Zhongshan Taxation Bureau that from January to May 2020, it handled the export tax refund service for 11,759 enterprises, returning a total of 8.694 billion yuan.

"In this special period, the export tax refund, which can be handled conveniently and returned to the taxpayers account quickly, gives us more flexibility to expand the domestic and foreign markets with sufficient funds," said the head of Zhongshan Powtek Appliances Mfg Ltd. The company specializes in research and development, production and global sales of gas water heaters and wall-mounted boilers. Its products are sold to 50 countries and regions all over the world such as Europe, America, Japan and South Korea, with an export value of nearly 150 million yuan in 2019.

Powtek Appliances originally planned to increase its exports by 30% in 2020, but the unexpected epidemic disrupted its plan. However, during the crisis, after brief adjustment, the enterpris executede a more proactive marketing plan and opened up online sales channels. Instead of layoffs, it expanded the recruitment of new employees.

At a time when financial pressure on the enterprise was increasing, export tax refunds injected vitality to its capital flow. From January to April, Powtek Appliances received an export tax refund of 3.55 million yuan.

The Zhongshan Taxation Bureau had been actively promoting the quick examination, approval and refund of export tax rebates. From the outbreak of the epidemic to the end of May, the Zhongshan Taxation Bureau had handled refunds on 9,936 tax exemption cases without physical contact, involving 5.754 billion yuan.