Zhongxin Finance, June 16th. Hefei Ministry of Finance recently announced the "Notice on Printing and Distributing the Implementation Rules for Hefei City to Further Increase Relief Efforts to Help Enterprise Development". A one-time reward of up to 500,000 yuan will be given, and the application period will be from July 15, 2022 to July 25, 2022.
According to the notice, enterprises with limited batches of retail and catering enterprises are encouraged to improve their quality and efficiency. For enterprises with limited sales of 500 million yuan or more in 2021, those with a year-on-year growth rate of more than 10% in the second quarter will be given a one-time payment of 200,000 yuan. A one-time reward of RMB 100,000 will be given to enterprises in the retail industry with a year-on-year increase of RMB 10 million or more in retail sales in the second quarter; RMB 50,000 will be given to enterprises in the lodging and catering industry that increase by RMB 1 million year-on-year in the second quarter. A one-time reward of RMB 500,000 for a single enterprise.
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