(Fighting against New Coronary Pneumonia) Hubei relieves difficulties for small and medium enterprises to resume work and resume production

  China News Agency, Wuhan, April 23 (Reporter Liang Ting) Hubei Province has adopted measures such as finance, taxation and credit to help small and medium-sized enterprises resume production. The Hubei Provincial New Coronavirus Pneumonia Epidemic Prevention and Control Headquarters held a press conference on the 23rd to introduce the province ’s progress in resuming work and production.

  Since March 15, all parts of Hubei have steadily promoted the resumption of production and production of industrial enterprises in accordance with the requirements of zoning, classification, time-sharing, and orderliness. According to Meng Chunlin, a member of the Party Leadership Group and Deputy Director of the Hubei Provincial Department of Economics and Information, as of April 17, the resumption rate and resumption rate of industrial enterprises above designated size in the province reached 98.2% and 93%, respectively. On the whole, it has basically reached a normal level.

  "Industrial enterprises still have bottleneck constraints in terms of capital, costs, orders, supply chain, etc." Meng Chunlin pointed out that especially small and medium-sized enterprises, the current resumption rate is less than 80%, facing the return rate, insufficient productivity, and increased operating costs , Decrease in market orders and problems in the industry chain.

  Hubei has successively issued a series of policies to relieve difficulties for enterprises. Meng Chunlin said that in the near future, small and medium-sized enterprises will be "reinforced" and the policy "reinforced". Mainly take four measures: First, financial and tax support, such as the key protection of epidemic prevention and control enterprises to expand production capacity, file upgrade projects, give special scheduling support, for small and medium-sized enterprises affected by the epidemic according to law to reduce or exempt urban land use tax , Property tax, etc.

  The second is credit bailout, which is supported by increasing credit scale, reducing financing cost and guarantee fee rate. The comprehensive financing cost of new loans for small and micro enterprises has decreased by no less than 1% compared with 2019.

  The third is to introduce a series of policies for reducing costs and burdens, including preferential policies for electricity, gas, and water, reducing rents for small and medium-sized enterprises, extending contract performance, reducing inspection and testing costs, clearing arrears of enterprises, and increasing employment subsidies.

  The fourth is to make up the strong chain. On the one hand, we will increase the coordination of production scheduling, logistics and other coordinated services for the production of key raw materials and auxiliary materials for epidemic prevention materials, important production equipment and spare parts, and ensure the continuity of the upstream and downstream of the industrial chain. On the other hand, it highlights advantages and key areas such as new-generation information technology, biomedicine, and anti-epidemic materials, and concentrates policy resources to strengthen industrial cultivation and enhance the stability and competitiveness of the industrial chain and supply chain.

  Liu Weijun, director of the SME Development Division of the Hubei Provincial Department of Economics and Information Technology, said that for small and medium-sized enterprises to reduce costs and reduce burdens, Hubei introduced policies and measures mainly focused on tax burden reduction, rent reduction, social security, and electricity prices. Among them, in terms of reducing corporate tax burden, from March 1 to May 31, 2020, the province ’s small-scale taxpayers will be exempt from the VAT levied at the 3% rate. For the difficult enterprises that have been greatly affected by the epidemic situation, the longest carry-over period in 2020 will be extended from 5 to 8 years. (Finish)