Policy efforts to boost the confidence of business entities
On July 24th, General Secretary of the Supreme Leader presided over the the Political Bureau of the Communist Party of China (CPC) Central Committee meeting to analyze and study the current economic situation and plan the economic work in the second half of the year. The meeting pointed out that "we should make good use of policy space, find the right direction of development, and solidly promote high-quality economic development" and "we should continue to implement a proactive fiscal policy and a prudent monetary policy, continue, optimize, improve and implement the tax reduction and fee reduction policy, give play to the role of aggregate and structural monetary policy tools, and vigorously support scientific and technological innovation, the real economy and the development of small and medium-sized enterprises."
Since the beginning of this year, various regions and departments have successively introduced policies and measures to support the development of the majority of business entities. With the gradual implementation of the policy, the burden on enterprises has been further reduced, the development confidence has become more sufficient, and the development vitality has been enhanced. In the first half of the year, the country added 927.9 billion yuan in tax reduction and fee reduction and tax refund deferral; Small and medium-sized enterprises benefited the most, with 576.6 billion yuan of new tax reduction and fee reduction and tax refund deferral, accounting for about 62%.
Solve difficult problems, reduce burdens, and help enterprises climb the slopes.
Since the beginning of this year, macroeconomic policies have remained continuous, stable and targeted, and coordination and cooperation of various policies have been strengthened; All localities actively innovate the means and methods of assistance, improve the effectiveness of policy implementation, help enterprises ease the pressure of operation, enhance the confidence to tide over difficulties and expand production, and achieve recovery and development.
— — Give full play to the dual functions of monetary policy tools in aggregate and structure, and provide credit support for enterprises.
"The tea garden has the right to help enterprises get through financing, and our spring tea has achieved both production and sales." Wang Genhai, head of fuding city Haiyun Zhenpin Tea Industry Co., Ltd., said.
"It is difficult to confirm the right, which is the financing blocking point of agriculture-related enterprises. Fuding city actively carries out the registration of production factors such as mountains, tea gardens, orchards and factories. On this basis, financial institutions tailor credit products according to the actual needs of enterprises with special agricultural products to promote agriculture-related enterprises ‘ Changing resources into assets and assets into funds ’ 。” The relevant person in charge of the Fujian Supervision Bureau of the State Financial Supervision Administration said.
Structural monetary policy tools "focus on key points, be reasonable and moderate, advance and retreat", and continue to increase support for key areas and weak links of the national economy such as inclusive finance and scientific and technological innovation. At the end of June, the balance of Pratt & Whitney small and micro loans increased by 26.1% year-on-year, 14.8 percentage points higher than the growth rate of various loans; In the first half of the year, the weighted average interest rate of new corporate loans was 3.96%, 25 basis points lower than the same period of the previous year.
In the first half of the year, the People’s Bank of China lowered the RRR by 0.25 percentage point, releasing long-term liquidity, enhancing the stability and sustainability of total credit growth, and effectively serving the real economy. RMB loans increased by 15.73 trillion yuan, an increase of 2.02 trillion yuan over the same period of last year.
Funds are guaranteed to help the majority of business entities grow up.
— — The tax and fee support policies are combined with institutional arrangements and phased measures to reduce the tax and fee burden for enterprises.
"Since last year, one tax reduction and fee reduction policy after another has helped us tide over the difficulties." Huang Fei, chairman of Hometown Edge Catering Co., Ltd. in Qiyang City, Hunan Province, said, "In the first half of this year, the policy continued to be optimized. By the end of June, we had enjoyed 97,000 yuan tax reduction and exemption, the funds for purchasing raw materials were guaranteed, and the money for increasing the open-air dining area and attracting new customers was also settled. "
Continue and optimize the income tax policies of small and micro enterprises and individual industrial and commercial households; Reduce the VAT rate of small-scale taxpayers to 1%; Small-scale taxpayers with monthly sales of 100,000 yuan or less are exempted from value-added tax … … The finance and taxation departments have issued a series of preferential tax policies that continue to be optimized and innovated. Small and micro enterprises and individual industrial and commercial households have a heavy tax package.
— — Return subsidies, supply and demand docking and other measures simultaneously to enhance the ability of enterprises to stabilize their posts and expand their posts.
Focusing on the new situation and characteristics of employment and entrepreneurship, various regions and departments have implemented a series of policies and measures to enhance the ability of enterprises to stabilize and expand their posts. Inner Mongolia continues to accurately distribute the stable post return funds directly to eligible enterprises through the "free application and instant enjoyment" model; Heilongjiang provides employment service commissioners for enterprises with strong employment-driven ability, and provides a package of support measures such as employment and training; In Guangdong, high-speed railway station is also a "employment station", which realizes the rapid docking between supply and demand of "recruitment when leaving the gate" and "post selection when arriving at the station" … …
In the first quarter, Ministry of Human Resources and Social Security and other departments jointly launched Spring Breeze Action and Employment Assistance Month, and held a total of 58,000 recruitment activities; Solidly carry out vocational skills training, issue more than 2.61 million vocational training vouchers, and carry out subsidized vocational skills training for 3.5 million people nationwide.
"Various policies to help enterprises and benefit enterprises have maintained continuity and stability, enhanced accuracy and pertinence, and helped enterprises to ease operational pressure, tide over difficulties, expand production and achieve recovery and development." Ceng Gang, director of Shanghai Finance and Development Laboratory, said.
Small and medium-sized enterprises are the main body of private enterprises. The data shows that since the beginning of this year, the development of private enterprises in China has recovered, showing strong resilience and vitality. In the first five months, 3.764 million private enterprises were newly established, a year-on-year increase of 17.2%, 6.5 percentage points faster than the growth rate in the first quarter. By the end of May, there were 86.92 million tax-related business entities nationwide, up 7.5% year-on-year.
"The recently released Opinions of the Central Committee of the Communist Party of China and the State Council on Promoting the Development and Growth of the Private Economy proposes to formulate and implement various support policies accurately, respond to concerns and interests in a timely manner, and effectively solve practical difficulties. This is a great encouragement to us, inspiring us to continue to work hard and making us more confident in the future of private enterprises. " Wang Genhai said.
Increase kinetic energy and vitality, and save stamina for long-term development
General Secretary of the Supreme Leader stressed during his inspection tour in Jiangsu: "It is necessary to strengthen the dominant position of scientific and technological innovation of enterprises, promote the gathering of innovative elements to enterprises, and constantly improve the level of transformation and industrialization of scientific and technological achievements."
All regions and departments focus on long-term development, and the policy of benefiting enterprises focuses on stimulating the greater potential of various business entities, providing strong support for promoting sustainable economic growth.
— — Encourage R&D investment and help enterprises to shape new development momentum with technological innovation.
Fujian Xiamen Tuobao Technology Co., Ltd. is a state-level specialized and special new enterprise focusing on the intelligent overall solution of independent power supply system. In the first half of the year, the company signed a large order, but faced with a large funding gap. China Merchants Bank Xiamen Branch used the re-lending policy of scientific and technological innovation to provide enterprises with special credit support of 30 million yuan in time to help enterprises better apply their innovations.
By the end of June, the loan balance of specialized and innovative small and medium-sized enterprises nationwide was 2.72 trillion yuan, an increase of 459.8 billion yuan over the same period of last year, maintaining a growth rate of more than 20% for 14 consecutive months; The loan balance of technology-based SMEs was 2.36 trillion yuan, an increase of 472.7 billion yuan over the same period of last year, with a growth rate of 25.1%.
Implement tax incentives and financial incentives to support scientific and technological innovation, establish a normalized working mechanism for financial support enterprises’ scientific and technological innovation system, and improve the mechanism of Industry-University-Research’s achievements docking and industrialization … … The departments of finance, taxation, finance, science and technology should deepen cooperation, unite policy efforts, guide enterprises to increase investment in R&D, enhance their scientific and technological innovation capabilities, and "squat and accumulate strength" for long-term development.
— — Guide development expectations and encourage private enterprises to show their talents in the field of "four new economies".
During the two sessions of the National People’s Congress this year, the General Secretary of the Supreme Leader stressed that it is necessary to stimulate the vitality of private capital investment, encourage and attract more private capital to participate in the construction of major national projects and key industrial chain supply chain projects, and make greater contributions to building a new development pattern and promoting high-quality development.
Beijing launched the first batch of public promotion projects to private capital, with a total of 149 projects to be promoted, with a total investment of 130.8 billion yuan; Shaanxi will upgrade the non-governmental investment projects included in the list of key projects at the city and county levels in terms of land use and environmental assessment … … Since the beginning of this year, all localities have provided strong guarantees, excellent services and implemented them, creating a good environment for all kinds of business entities to invest and start businesses and stimulating their internal vitality. A large number of private enterprises are striving for the first place in the "four new economies" with new technologies, new industries, new formats and new models, and the development momentum is good. By the end of May, there were more than 25 million private enterprises in China’s "four new economies". In the first five months, 2.15 million private enterprises in the "four new economies" were newly established, accounting for 57.1% of the newly established private enterprises.
— — Consolidate infrastructure, promote enterprises to "cluster" and create new development advantages.
In recent days, in Luojiang Economic Development Zone, Deyang City, Sichuan Province, the newly-built high-standard industrial sewage treatment plant is undergoing the overall commissioning of water inflow, and is ready to be put into operation formally to better meet the sewage treatment needs of high-end manufacturing enterprises. Zhou Xiaolin, director of the Management Committee of Luojiang Economic Development Zone, said that in view of the characteristics of the advanced materials industry, the local government is actively supporting the construction of modern factories and optimizing public services. "Today, high-performance fiber and composite materials, polymer materials and photoelectric materials enterprises ‘ In droves ’ Come and settle down, aggregate the industrial ecology and enlarge the competitive advantage. "
Guangxi actively promotes the construction of intelligent transportation and promotes the landing of new digital, networked and intelligent transportation infrastructure; Tianjin focuses on building 5G base stations to promote industrial digitalization and digital industrialization … … The construction of new infrastructure will be accelerated, which will promote the deep integration of digital economy with advanced manufacturing and modern service industries, and help modern industrial clusters and digital industrial parks in various places to flourish.
"Strengthening infrastructure construction is conducive to building a foundation for high-quality development and providing a broader growth space for various business entities." Shao Yu, chief economist of orient securities, said.
Stabilize expectations, provide excellent service, and plant fertile soil for the growth of business entities.
The the Political Bureau of the Communist Party of China (CPC) Central Committee meeting held on April 28th pointed out that it is necessary to adhere to the "Two Unswervings", remove the legal and regulatory obstacles and hidden barriers that affect the fair competition and common development of enterprises of all types, continuously boost the confidence of business entities and help enterprises recover.
The business environment is not the best, only better. The tax authorities use tax big data to accurately match the needs of taxpayers. This year, 229 million preferential tax and fee policies have been accurately pushed; The market supervision department strengthens intelligent supervision, establishes a full electronic business license database, actively expands application scenarios, and greatly saves manpower, paperwork and time costs & HELIP; … Since the beginning of this year, all localities and departments have further promoted the reform of key areas of the business environment, promoted the quality and efficiency of government services, and planted fertile ground for the growth and growth of business entities.
— — Excellent process, speed, decompression and loosening for enterprises.
"Our business involves many fields. Since the Electronic Taxation Bureau realized the comprehensive declaration of multiple taxes, it can complete the declaration and tax payment of related taxes in one interface, which not only saves time, improves work efficiency, but also reduces the cost of human resources." Song Chuqiao, deputy director of the Financial Management Center of Beijing Shougang Construction Investment Co., Ltd. said.
Smooth the domestic and international double circulation, and actively unblock and connect the breakpoints. Carry out "multi-tax integration" comprehensive declaration, streamline enterprise registration documents and materials, and a series of specific measures to optimize the business environment are targeted, so that enterprises can let go of their hands and feet for development; We have expanded the pilot scope of facilitation measures such as "direct delivery by ship", "direct loading in Hong Kong" and "joint loading and unloading". Export tax rebates have been accelerated again and again, supporting policies and services have been continuously improved, and enterprises have more confidence in exploring overseas markets.
— — Zero distance, non-contact, government service is smarter.
Information "runs the road" instead of taxpayers "running errands". By the end of June, the country had handled more than 270,000 cross-provincial electronic tax payments, and the tax payment exceeded 38 billion yuan, exceeding 85% of the annual business volume and 65% of the tax payment in 2022 respectively; A total of 197 commercial banks launched cross-provincial and off-site electronic tax payment services, an increase of 43 over 2022; There are 180 commercial banks that support real-time tax deduction and bank-side tax payment inquiry, accounting for more than 90%.
Qingdao, Shandong Province provides enterprises with a variety of personalized examination and approval service modes, such as "doing it offline once", "doing it online all the time" and "doing it near the door". An integrated government service platform was built and put into operation in Xi ‘an, Shaanxi, and the government service system at the national, provincial and municipal levels was opened. Guangdong and Guangzhou speed up the improvement of the digital enterprise service platform, allowing enterprises to choose their own "packages", and one application can handle multiple matters … … All localities actively explore, focus on the needs and expectations of business entities, and provide accurate, convenient and intelligent services for enterprises by digital means.
Li Xuhong, a professor at Beijing National Accounting Institute, believes that to persist in focusing on the real economy, we must be steady and down-to-earth, and we must be brave enough to open up new fields and new tracks and cultivate new competitive advantages. In the second half of the year, we should continue to implement various policies that have been promulgated, at the same time actively promote policy optimization and deepening reform, combine the effectiveness of policies with the vitality of business entities, and promote the effective improvement of quality and reasonable growth of the economy.
