Small and medium-sized enterprises are an important support for Chinese manufacturing and the key to strengthening the chain. The government work report submitted for deliberation on the 5th, while proposing a series of relief policies to reduce the burden, deployed specific measures to help enterprises grow bigger and stronger from many aspects, such as increasing incentives for enterprise innovation and focusing on cultivating “specialized and special new” enterprises.

The report proposes to implement a new combined tax support policy. pxie-5164 Small-scale taxpayers will be exempted from VAT for a period of time. This year there will be a large tax rebate on the tax credit… The report also proposed to strengthen effective financial support for the real economy. Make good use of Pratt & Whitney Small and micro loan support tools… A series of measures focused on reducing costs and burdens to help revive the rescue of enterprises.

“The introduction of a large number of high-gold policy ‘dry goods’ in tax reduction and fee reduction, financial credit, factor guarantee and other aspects, directly hitting the pain points, difficulties and blocking points of the real economy, to ease the production and operation difficulties of enterprises, especially small and medium-sized enterprises, is undoubtedly a’ timely rain ‘.” Yu Haitian, a deputy to the National People’s Congress and secretary of the Party group of the Shandong Development and Reform Commission, said.

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The report made relevant arrangements to strengthen the protection of the rights and interests of small and medium-sized enterprises, and proposed to resolutely investigate and punish arbitrary charges, arbitrary fines, and arbitrary assessments. We will intensify efforts to clear up the accounts owed to small and medium-sized enterprises. Representatives believe that this will effectively reduce the operating costs of smes and promote the healthy development of smes.

Focusing on effectively improving the competitiveness of enterprises, a series of measures were launched to stabilize the industrial chain and supply chain and stimulate innovation.

The report makes it clear that the implementation of the chain stability project of leading enterprises will maintain the security and stability of the industrial chain and supply chain. “The new energy automobile industry has entered a new stage of rapid development, and we must actively play the advantage of ‘chain master’, attract more upstream and downstream enterprises to gather, and help build a competitive industrial chain and landmark industrial cluster with comprehensive competitiveness.” Said Zeng Yuqun, a member of the pxie-5164 CPPCC National Committee and chairman of Ningde Times New Energy Technology Co., LTD.

Focus on cultivating “specialized and special new” enterprises, and give strong support in terms of capital, talents, and incubation platform construction; We will promote the large-scale application of 5G and promote the digital transformation of industries. It is worth mentioning that the report makes it clear that tax incentives will be given to enterprises investing in basic research, and policies such as accelerated depreciation of equipment and equipment and preferential income tax for high-tech enterprises will be improved.

“This means stronger financial policy support from the state for enterprise innovation.” pxie-5164 Zhang Yongming, a deputy to the National People’s Congress and director of the State Key Laboratory of Fluorine-containing functional membrane Materials, proposed to further play the role of the State key laboratory, accelerate the construction of a number of national innovation centers, provide more public service platforms for industrial innovation, and cultivate and strengthen new momentum.