How to "stabilize" and "guarantee" the 150million market players

2022-05-30

Over 150million market players are the key to ensuring employment, people's livelihood and stabilizing the economy. In the face of increasing downward pressure on the economy, market stabilizing entities are receiving unconventional and strong policy support. The "real money and silver" assistance measures such as large-scale tax rebate, deferred payment of social security fees, reduction and exemption of rent and water and electricity fees have been steadily effective, solving the "urgent need" for market players. On this basis, the State Council has frequently deployed a package of targeted measures, and relevant departments and local governments have also brewed more practical actions around the implementation of the combined rescue policy, increasing loan support, and promoting the high-quality development of individual industrial and commercial households, so as to "retain green mountains" for the development of market players. The industry said that with the acceleration of the implementation of relevant measures, hundreds of millions of market players will take the policy "reassurance". Market players take "reassurance" "Last year, benefiting from the preferential policy of VAT rebate, we received a policy dividend of more than 24million yuan, which greatly reduced the pressure on project funds. This year, the preferential policy of VAT rebate has been increased, which not only lowered the threshold for declaration, but also realized 100% full refund. This month, we can enjoy an additional 5.2 million yuan of tax rebate." Lihui, financial director of Yangzhou GCL smart Wind Power Generation Co., Ltd., told the reporter of economic information daily. Since this year, especially since the second quarter, the implementation of the new combined tax support policy has been accelerated, the social security premium of the extremely poor industries has been postponed in stages, and policy efforts such as the return of unemployment insurance, retention subsidy and retention training have been increased... A package of relief and assistance measures have been implemented one after another. Catering, retail and other poor industries have also frequently welcomed the "timely rain". Hehongjian is the head of meitaoli restaurant in Wuyang street, Deqing County, Zhejiang Province. Affected by the epidemic, the restaurant's passenger flow has decreased significantly this year, and the business volume has decreased by nearly 60% year-on-year. Staff and rental costs were high, and the capital flow was once tight. Recently, Zhejiang Province issued the first self-employed industrial and commercial households relief policy. "From reducing operating costs, to providing special subsidies, to strengthening financial assistance... These policies are really timely help! In particular, rent reduction is the most practical and greatest help for our self-employed." Hehongjian said that Huzhou Moganshan High Tech Group Co., Ltd., the lessor of the business room, timely reduced the rent of the restaurant for three months, totaling 49135.8 yuan, which greatly eased the operating pressure. Data show that from January to April this year, China's newly established market players achieved positive growth on the basis of a large base, with a total of 8.987 million new households, an increase of 0.7% year-on-year. By the end of April, there were 158million market players in China, maintaining a high growth rate of 10.5%, providing strong support for stabilizing the basic macro-economy. Continuous development of pragmatic measures Affected by unexpected factors, the downward pressure on the economy continues to increase, and market players face more difficulties and challenges in their survival and development. Do everything possible to stabilize the market players, and unconventional and strong support policies are still ready to go. At the executive meeting of the State Council, more practical measures were taken to stabilize the market: "implement the full amount of stock and increment tax rebates in more industries, increase the tax rebates by more than 140 billion yuan, and the total amount of tax rebates and reductions for the whole year was 2.64 trillion yuan", "extend the three social security premium policies of small and medium-sized enterprises, individual industrial and commercial households and five extremely poor industries to the end of the year, and extend them to other extremely poor industries. It is estimated that 320billion yuan will be deferred this year." "Increase water and electricity fees, rent and other support for large and small micro enterprises and individual industrial and commercial households" and "double the amount and proportion of inclusive small and micro loan support tools this year" The Ministry of finance, the people's Bank of China, the state owned assets supervision and Administration Commission and other relevant departments are also responding quickly, making a combination of efforts in increasing financial support and reducing costs and burdens. The State Administration of market supervision and administration is working with relevant departments to draft opinions and measures to promote the high-quality development of individual industrial and commercial households, deeply analyze the problems existing in the survival and development of various market entities, especially individual industrial and commercial households, and actively promote the introduction of more support policies as soon as possible, so as to retain "green mountains" for future development. In recent days, Zhejiang, Jiangsu and other provinces have intensively convened the standing committees of the provincial Party committee to plan incremental policies around stabilizing market players. Among them, Zhejiang province emphasizes to comprehensively improve the time efficiency of policies, reflects unconventional efforts and measures, increases support for small, medium and micro enterprises, deeply implements the smooth financing project, and fully stimulates the vitality of market players. Jiangsu Province proposed to implement the combined relief policies such as the tax reduction of the central government's tax rebate, the "40 policies of the Soviet Union" and the "22 policies of the Soviet Union's political office", so that the policies can be enjoyed as soon as possible and can be enjoyed as soon as they are applied for, and plan the incremental policy plan in advance to effectively help enterprises solve practical difficulties. Development vitality is expected to continue to burst "Stabilizing the main body of the market is stabilizing the economy. Government departments at all levels have intensively introduced a series of policies and measures, including tax cuts and fee reductions, increasing low-cost capital supply, providing good production and operation services for enterprises, and effectively stimulating demand. They can help enterprises reduce production and operation costs, ease the pressure on production turnover, and ensure the sustainable and stable operation of production and operation activities to a certain extent." Liuxingguo, a researcher of the research department of the China Enterprise Confederation, told the reporter of the economic information daily that in the next step, we should refine and implement the assistance policies to ensure that the actual difficulties of market players are effectively alleviated and help them tide over the difficulties. Zhanghaibing, vice president of Wanbo New Economy Research Institute, believes that a series of unprecedented policies show the government's determination to do everything possible to stabilize the market players, help to reduce the operating burden of small, medium-sized and micro enterprises and individual industrial and commercial households, increase the source of cash flow, and help them maintain business opening and stable employment as much as possible. "With the implementation of the package of relief and assistance policies, the epidemic has gradually been effectively controlled, and market players are expected to continue to maintain a relatively high growth rate. We have the conditions and confidence to create a good market environment and continue to stimulate the vitality of various market players." Puchun, a member of the leading Party group and deputy director of the State Administration of market supervision and administration, said a few days ago. (Xinhua News Agency)

Edit:He Chuanning    Responsible editor:Su Suiyue

Source:Economic Information Daily

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