First, improving the financial services of export enterprises, especially export-oriented small and medium-sized enterprises, to solve the problem of difficult financing and expensive financing of enterprises and reduce the cost of capital. Secondly, we should increase the rate of export tax rebate properly, achieve full tax rebate as far as possible, at the same time, and further accelerate the progress of export tax rebate. Third, keeping the exchange rate of RMB stable and avoiding the rapid appreciation of RMB. Fourth, cleaning up all kinds of charges on export enterprises, reducing the burden of payment of export enterprises, and pushing forward the power of "cost reduction" in supply-side structural reform. Fifthly, we should continue to promote the reform of customs clearance facilitation, and shift the focus of the reform from compressing the limitation of customs clearance to reduce the customs clearance links, effectively reducing the cost of customs clearance.
Market diversification is a long-term plan to optimize the export structure of our country, and it is also an effective measure to stabilize the export. The first is to steadily promote the "Belt and Road" construction and open up the markets of countries along the routes. Second, increasing support for exports by policy-based financial institutions. Third, increasing support for small and medium-sized enterprises in opening up overseas markets. We will further promote pilot projects for the innovative development of trade in services, summarize and promote successful experiences in a timely manner, form an institutional environment conducive to enhancing the competitiveness of the service industry, further expand the opening up of the service industry, and introduce high-quality resources and competitive pressures, to increase the international competitiveness of the service industry. At the same time, we should make good use of the achievements of the information technology revolution, developing service outsourcing and other industries.
The instability of the international situation is bound to make 2018 an extraordinary year for China's textile and clothing industry. China imposes a 25% tariff on uncombed cotton. According to the tariff regulations, the 1% tariff will increase by 3400 yuan / ton compared with the RMB conversion price after adding 25% tariff to the import of American cotton at the same price, which undoubtedly makes the American cotton lose its price advantage.
Nearly 80 percent of U. S. cotton is exported, and China imports about 20 percent of American cotton, accounting for 40 percent of China's total cotton imports, losing U.S. cotton in the Chinese market and failing to sell well. As of November 8, this year, the United States has signed a cumulative net contract to export 2.191 million tons of cotton in 2018 / 2019, accounting for 66.14 percent of the expected annual export volume, and its China account for 16.63 percent of the signed cotton volume in the United States. The Chinese side cancels the import American cotton order the situation still exists, and the United States cotton exports encounter the hindrance ceaselessly pressure.