【Seeking progress while maintaining stability and looking at the general trend】
On March 25, the second unit of my country's independent third-generation nuclear power Hualong No. 1 demonstration project - CNNC Fuqing Nuclear Power Unit No. 6 was officially ready for commercial operation. At this point, the Hualong No. 1 demonstration project was fully completed and put into operation; National Speed Skating Hall " Behind the "fastest ice", there is the shadow of "specialized and new" small and medium-sized enterprise Shandong Shenzhou Refrigeration Equipment Co., Ltd.; Chenguang Xiwei, at the entrance of a breakfast shop in Shenzhen Songpingshan community, the steamed buns on the cage drawer, the boss Lai Linyuan is busy greeting guest.
Whether it is large enterprises, small, medium and micro enterprises or individual industrial and commercial households, they all have a common name - market entities.
More than 150 million market entities are the resilience, potential and confidence of my country's economic and social development, and an important foundation for stabilizing the economic fundamentals.
At present, my country's economic development is facing triple pressures of shrinking demand, supply shocks, and weakening expectations. Some market players have experienced declining performance and even operating difficulties.
In this regard, the implementation of a new combined tax and fee support policy, strengthening the effective financial support for the real economy, and promoting the reduction of production and operation costs of enterprises, a series of policy "gifts" are like a spring breeze, effectively boosting market confidence and contributing to China's economic development. Gather surging power.
Releasing water to raise fish, real money goes directly to the main body of the market
"Last year, the tax system handled the tax refund for the company, which relieved the financial pressure. The implementation of the new round of tax refund policy this year will further enhance the confidence in development." During the speech, the vice president of finance of Shanxi Jingang Zhizao Technology Industry Co., Ltd. Zhou Fengping was full of expectations.
Since the "Thirteenth Five-Year Plan", my country's accumulative new tax cuts and fee reductions have exceeded 8.6 trillion yuan, and the majority of market players have enjoyed policy dividends, realizing a virtuous cycle of "releasing water to raise fish", "returning fish in deep water", and "more water and more fish" .
This year, tax rebates and tax cuts are a key measure to stabilize the macroeconomic market.
The Central Economic Work Conference held at the end of 2021 pointed out that a new tax and fee reduction policy will be implemented to strengthen support for small, medium and micro enterprises, individual industrial and commercial households, manufacturing, and risk mitigation.
This year's "Government Work Report" proposes to adhere to the combination of phased measures and institutional arrangements, and to implement both tax reduction and tax refund.
It is estimated that the annual tax rebate will be about 2.5 trillion yuan, of which about 1.5 trillion yuan will be retained for tax rebates, and all tax rebate funds will go directly to enterprises.
On March 22, the Ministry of Finance and the State Administration of Taxation issued the "Announcement on Further Strengthening the Implementation of the VAT Refund Policy at the End of the Period", which clarified that the qualified small and micro enterprises and individual industrial and commercial households will be refunded the amount of the remaining tax at one time. Increase the refund ratio of incremental tax credits from 60% to 100%, that is, all refunds, and give priority to the progress of tax refunds; increase the policy of end-of-period value-added tax refunds in manufacturing and other industries.
"The tax refund is to refund the tax that has not been deducted at the end of the value-added tax period to the taxpayer, which is equivalent to direct cash flow to the enterprise, providing cash flow directly to the enterprise, which can effectively boost the confidence of market players and enhance the endogenous driving force for development. It is conducive to promoting the stable and healthy development of the economy." said Li Xuhong, director of the Institute of Fiscal and Taxation Policy and Application of Beijing National Accounting Institute.
Xu Hongcai, Deputy Minister of the Ministry of Finance, introduced that the new combined tax and fee support policy was implemented this year, and the total amount of tax rebates and tax reductions was the highest in history. Enterprises and individual industrial and commercial households have developed vitality, and on the other hand, targeted policies and measures have been adopted to precisely help enterprises in industries with special difficulties.
Appropriate policy force is also a major feature of this year's tax and fee support policy. Since the beginning of this year, my country has issued more than 20 tax and fee support policies to allow market players to enjoy policy dividends as soon as possible.
In addition, the progress of tax rebates has been accelerated to help enterprises recover in a timely manner.
Precise drip irrigation, financial vitality moistens the real economy
"Enterprise development is inseparable from financial support. In the past two years alone, CCB has provided our technology-based small and medium-sized enterprise with a credit line of more than 2 million yuan, which has effectively reduced financing costs." Henan Fengdekang Seed Industry Co., Ltd. The person in charge of the company said.
This year, Feng Dekang Seed's CCB credit line has been increased from the previous 1.18 million yuan to 2.55 million yuan, which will inject capital support for the company's upcoming seed purchase and research and development.
Financial water, moisturizing the real economy.
In 2021, the People's Bank of China will give full play to the dual functions of monetary policy tools in terms of volume and structure, and will release a total of 2.2 trillion yuan of long-term funds by reducing the reserve requirement ratio twice in the middle of the year and at the end of the year to better support the real economy.
According to data from the China Banking and Insurance Regulatory Commission, in 2021, my country's manufacturing medium and long-term loan balance will increase by nearly 30% year-on-year, scientific research and technology loans will increase by 28.9%, and the volume of small and micro financial services will increase and decrease in price.
At the beginning of this year, the People's Bank of China implemented two consecutive conversions of monetary policy tools that directly reach the real economy, increased support for small and micro enterprises, and guided the loan market to lower the quoted interest rate to reduce financing costs.
According to data from the China Banking and Insurance Regulatory Commission, as of the end of February, the national inclusive small and micro enterprise loan balance was 19.67 trillion yuan, a year-on-year growth rate of 22.16%, 11.15 percentage points higher than the growth rate of various loans.
The interest rate of newly issued inclusive small and micro enterprise loans nationwide is 5.57%, a decrease of 0.12 percentage points from 2021.
The "Government Work Report" pointed out that the effective support of finance to the real economy should be strengthened, and measures such as "making good use of inclusive small and micro loan support tools" and "further promoting solving the financing problems of the real economy, especially small and medium-sized enterprises" are clearly proposed.
The relevant person in charge of the China Banking and Insurance Regulatory Commission said that in the past two years, the China Banking and Insurance Regulatory Commission has instructed banking and insurance institutions to proceed from the overall situation and continue to strengthen financial services in areas that are greatly affected by the epidemic. Industry-specific rescue policies and increased credit lending have strongly supported the stable recovery of the national economy.
In the next step, the China Banking and Insurance Regulatory Commission will guide financial institutions to accurately grasp the credit policy. For industries and small, medium and micro enterprises that are more affected by the epidemic, but have the willingness to repay and have strong employment ability, they will use loan renewal, extension and other methods to relieve difficulties and avoid difficulties. There are industry-specific loan restrictions, loan withdrawals, and loan suspensions.
Encourage financial institutions to reduce actual loan interest rates and reduce fees, so that the majority of market players can feel the real decline in comprehensive financing costs.
Increase support and take multiple measures to reduce operating costs
People's livelihood is no trivial matter, the branches and leaves are always related to the situation.
In addition to issuing "red envelopes" of tax incentives and attracting financial vitality, how can we relieve more burdens on market players under the impact of the epidemic and help them move forward?
The "Government Work Report" proposes to promote the reduction of production and operation costs of enterprises.
It is necessary to carry out special rectification actions for illegal charges related to enterprises. The catering, accommodation, retail, culture, tourism, passenger transport and other industries have large employment capacity and are heavily affected by the epidemic. Overcoming difficulties and having a head start.
On March 18, the State Administration for Market Regulation issued a notice, focusing on five areas where enterprises reported that charging problems were more concentrated, and deploying special rectification actions for enterprises-related illegal charging.
On March 28, the State-owned Assets Supervision and Administration Commission of the State Council issued the "Notice on Doing a Good Job in Rent Reduction and Exemption for Small and Micro Enterprises and Individual Industrial and Commercial Households in the Service Industry in 2022", requiring all central enterprises to actively implement the rent reduction and exemption policy requirements. Small and micro enterprises in the service industry and individual industrial and commercial households in the county-level administrative area where the risk area is located will be exempted from rent for 6 months for the current year, and the rent for other areas is reduced or exempted for 3 months, effectively reducing the operating burden of relevant market players.
The benefits don't stop there.
Recently, various localities have taken frequent actions and have introduced policies to help market players reduce production and operation costs. Shenzhen has introduced 30 measures in eight areas, including rent reduction and exemption, and lowering the cost of water, electricity and gas, which is expected to reduce the burden on market players in Shenzhen. 75 billion yuan; Hunan proposed 36 measures to promote some difficult industries in the service industry to overcome difficulties and resume development; Shanghai proposed 21 support policies such as aid for enterprises to stabilize jobs and financial subsidies, only tax-related policies are expected to reduce the burden on relevant market players throughout the year About 140 billion yuan...
"Since this year, my country has launched a package of assistance measures for hundreds of millions of market players, including hard money such as tax rebates and tax reductions, as well as 'thirst-quenching' dry goods that greatly ease the pressure on market players, such as tax rebates and tax reductions, and optimization. The long-term measures such as the business environment will help market entities to recover and rejuvenate from multiple dimensions, with strong efforts, practical measures, and fast implementation, which will effectively stimulate the vitality of market entities and stabilize the macroeconomic market.” Chinese Academy of Social Sciences Institute of Financial and Economic Strategy Associate researcher Jiang Zhen said.
The boat is even more excited in the middle reaches.
A series of support policies will better stimulate the vitality of hundreds of millions of market players, and will become a surging driving force for economic and social development, helping the "China" economic giant to cut waves and move steadily and far.
(Reporter Chen Chen of this newspaper)