[Explanation] In order to effectively deal with the impact of the new crown pneumonia epidemic on economic and social development, Anhui Province recently issued the "Opinions on Strengthening Policy Adjustments to Promote Sustainable and Healthy Development of the Economy" (hereinafter referred to as "Opinions"). The reduced taxes are all in place, and the reduced fees are all in place. For small-scale VAT taxpayers, the "six taxes and two fees" will be reduced according to the highest standard of 50%.

[Concurrent] Li Bifang, Deputy Secretary-General of Anhui Provincial Government

This 50% is one step in our province. The state requires that the maximum is not more than 50%. We will use the maximum limit for the real economy. From February to June this year, small, medium and micro enterprises are exempted from payment of pension, unemployment and work injury insurance units, and large enterprises are halved from February to April.

[Explanation] Tang Tao is a company leader who is engaged in the research, development, production and sales of blood type in vitro diagnostic products and killing products. After the outbreak, he led employees to buy protective products such as medical alcohol and disposable wash-free disinfection gels. Raw materials, production equipment.

[Same Period] Tang Tao, General Manager of Hefei Tianyi Biotechnology Research Institute Co., Ltd.

We are in the thirtieth year (January 12th). Employees have begun to enter production positions. In order to increase production capacity, we have added a lot of production equipment. Our (company) personnel drove to Shanghai, Shandong, Hebei, etc. The region urgently purchased production equipment and various raw materials.

[Explanation] According to reports, in addition to the periodic reduction and exemption of social insurance premiums for enterprises, Anhui Province has also focused on the prevention and control of epidemic conditions to ensure that material production enterprises “relieve burdens and increase energy” and purchase related new equipment to expand the resistance to “epidemic” property assets , It is allowed to be included in the current cost and deducted before the corporate income tax; the income from the taxpayer's transportation of key protection materials for epidemic prevention and control is exempted from VAT.

[Same Period] Tang Tao, General Manager of Hefei Tianyi Biotechnology Research Institute Co., Ltd.

During the epidemic, we substantially increased our production capacity and added a lot of production equipment. The government has also issued a lot of policies this time. In fact, subsidies for our production equipment have actually solved the great pressure on our enterprises.

[Explanation] It is understood that the "Opinions" issued by Anhui Province involve nearly one hundred policies and measures, of which 70% are new policies. This is the eighth consecutive year that the province has introduced special policies to promote sustainable and healthy economic development.

Reported by Liu Honghe, Li Yang, Hefei, Anhui

Editor-in-chief: [Tang Weijie]