Zhangjiajie rolls out 6 measures to promote resumption of work and production

By Shen Qiaoyu | Updated : Sep 02, 2021
Zhangjiajie City launched 6 measures such as "cash bonus", "rent free", "tax reduction" and "loan increase" on August 28 to relieve the burden of private enterprises affected by the epidemic and help them resume work and production as soon as possible.

The local authorities released the "Policies and Measures on Supporting the Resumption of Work and Production of Private Enterprises in Response to the Impact of the New Coronary Pneumonia Epidemic", including supporting the development of industrial enterprises, reducing labor costs, reducing housing rental costs, alleviating corporate financing difficulties, reducing tax costs, and increasing debt settlement intensity.

In terms of supporting the development of industrial enterprises, from 2021 to 2023, the city will reward large-scale industrial enterprises that are included in the statistics for the first time, enterprises listed on A-shares, the “New Third Board”, and enterprises listed on the provincial equity trading market; the city will select 30 Major growth-oriented manufacturing enterprises for cultivation and dynamic management.

For manufacturing enterprises whose output value exceeds 100 million yuan, 500 million yuan, and 1 billion yuan for the first time, the municipal finance will reward 100,000 yuan, 300,000 yuan, and 500,000 yuan respectively. 10,000 (of which, 500,000 yuan and 1 million yuan will be awarded to the enterprise whose output value reaches more than 500 million yuan and 1 billion yuan respectively for the first time); 

For manufacturing enterprises whose tax revenue exceeds 2 million yuan, 5 million yuan, 10 million yuan and 100 million yuan for the first time, the beneficiary finance will give a reward based on 80% of the retained portion of the increment of value-added tax and enterprise income tax paid by the enterprise in that year (only once). 

For small, medium-sized and micro enterprises that meet the relevant requirements and settle in standard factories, one year's rent will be free if they will reach the related requirements.

In terms of reducing labor costs, large enterprises will rebate 30% of the actual unemployment insurance premiums paid by the enterprise and its employees in the previous year, and 60% for small, medium-sized and micro enterprises. 70% will be refunded to enterprises identified by relevant departments for mergers and reorganizations, reduction of overcapacity and elimination of outdated production capacity. 

In terms of reducing housing rental costs, state-owned assets for operating houses will be exempt from rent from August to December 2021 for private leasing companies that are largely affected by the epidemic and cannot operate normally.

In terms of alleviating corporate financing difficulties, measures such as alleviating cash flow pressure, increasing loan support, increasing support for financing guarantees, and accelerating the loan process have been taken to solve the difficulties of corporate loans and financing, and to provide preferential loans to qualified enterprises and establish risk compensation mechanisms as required.

Edited by Li Ling 

2019 Zhangjiajie Bureau of Culture, Tourism, Broadcasting and Sports