In 2021, the total number of market players in China has exceeded 150 million. Under the circumstances of the impact of the epidemic in the century, the accelerated evolution of the changes in the century, and the more complex, severe and uncertain external environment, it is extremely difficult and by no means accidental to achieve such achievements.
According to the government work report, the risks and challenges faced by China’s development this year have increased significantly, and the production and operation of small, medium-sized and micro enterprises and individual industrial and commercial households are difficult. Representatives and members attending the two sessions of the National People’s Congress said that we should continue to optimize and implement the policies to help enterprises and relieve difficulties and stabilize development expectations.
Tax reduction and fee reduction to help enterprises rescue
Affected by the epidemic and other factors, the production and operation pressure of market entities is not small, and small, medium-sized and micro enterprises and individual industrial and commercial households are particularly facing many difficulties. The main body of the market is the power carrier of the economy, carrying hundreds of millions of people to get employed and start businesses. To ensure the main body of the market is to ensure social productivity.
Hao Xu, deputy to the National People’s Congress and chairman of Lanton Xumei Food Co., Ltd., said that in recent years, Shanxi has introduced a series of measures to support the development of private economy. As an early enterprise involved in frozen potato products in China, his company enjoys preferential policies such as land use tax reduction and exemption.
In 2021, China’s new tax cuts and fee reductions exceeded 1 trillion yuan, which greatly alleviated the operating pressure of market players. This year’s government work report proposes to implement the new combined tax support policy, and the annual tax rebate and reduction is expected to be about 2.5 trillion yuan. The continuation of the policy was expected, but the strength was unexpected: “with national support, we are confident to take advantage of the momentum.”
Finance is the blood of the real economy. Only when the blood is connected can the body be strong. Many members of the CPPCC National Committee said that there is still much room for improvement in the main body of the financial support market.
Lu Peirong, member of the CPPCC National Committee and chairman of Fujian Shishi Dadi Group Co., Ltd., said that in times of economic difficulties, financial institutions should carefully withdraw and cut off loans. “Any small and medium-sized enterprise that can go through 10 years or more has experienced ups and downs, resilience and repair ability. In case of temporary difficulties, they should be given some buffer time.” He suggested that it can be subdivided according to the business years, credit investigation and tax payment of enterprises, and use big data to screen high-quality enterprises, so as to promote a win-win situation between enterprises and financial institutions.
If small and medium-sized enterprises want to finance, they cannot do without a good credit investigation record. Wang Zihua, member of the National Committee of the Chinese people’s Political Consultative Conference and chairman of Beijing Jingaogang group, believes that there is an urgent need to implement the relevant interpretation of the supreme law on issues such as credit investigation and repair of private enterprises and asset recovery.
For those enterprises with good long-term operation and temporarily caught in financial disputes, we can consider differential treatment and try not to apply one size fits all. “We can protect one more enterprise as much as possible.” Member Wang Zihua said that this is also a specific requirement for implementing the national “six stabilities” and “six guarantees” policies.
Stability expectation of managing enterprises according to law
“The legal environment is an important part of the business environment.” Wang Gang, deputy to the National People’s Congress and vice chairman of Gansu Federation of industry and commerce, was deeply touched by this. In December 2021, Gansu Province issued the working measures on the transfer of clues about business environment problems from the Provincial Federation of industry and commerce to the discipline inspection and supervision organ (for Trial Implementation), which further clarified the transfer, reception, handling and feedback channels of problem clues, so as to ensure that the clues of problems affecting the business environment can be handled in time. “This is an unprecedented innovation, which provides a strong guarantee for the continuous optimization of the business environment.” Deputy Wang Gang said.
Similar grass-roots practices have sprung up in China, significantly improving China’s state-owned business environment. According to the business environment report of the world bank, the international ranking of China’s state-owned business environment has jumped from 91st in 2013 to 31st at present. At the same time, market players expect the business environment to continue to improve in order to consolidate China’s position as the world’s second-largest economy.
“The state has issued many good policies, but we still need to create a high-quality business environment with digital intelligence, resources, security and integrity, so that good policies can be implemented with high quality and efficiency.” Sun Taili, member of the National Committee of the Chinese people’s Political Consultative Conference and vice chairman of the Tianjin Municipal Committee of the China Democratic Construction Association, suggested that a smart rescue platform could be built to scientifically diagnose and help enterprises with operating difficulties; Guide enterprise operators to embed integrity construction into daily business activities and stimulate the endogenous driving force of market subjects.
Fan Shukui, member of the CPPCC National Committee and vice president of Beijing Asset Appraisal Association, focused on improving the property right protection system, especially the new business property right system. “At present, the digital economy is developing rapidly, but as its core carrier, data is still facing problems such as difficult to measure value, difficult to define property rights, and poor circulation.” Member fan Shukui said that the top priority is to break through the bottleneck of data production factor transaction flow and make the data connect, turn and live.
Among many policies, the market subjects are most concerned about the stability of expectations. Deputy Wang Gang believed that policy formulation should have a clearer negative list. Deputy Hao Xu suggested that we should protect the legitimate rights and interests of entrepreneurs through law, form long-term and stable development expectations, let entrepreneurs concentrate on innovation and creation, and make greater contributions to economic development.
“In fact, private enterprises hope to have eight words - everything will be disturbed and everything will come.” Chen Zhilie, member of the CPPCC National Committee and chairman of the board of directors of Yanxiang High Tech Holding Group, said, “private enterprises do not need special policies, as long as equal treatment is enough.”
According to the data, the tax payment of the new tax related market entities since 2013 reached 4.76 trillion yuan last year. It is the energy released by market players that pushed China’s total economic output to 114 trillion yuan last year.
The sting has passed, and the spring is getting warmer. Member LV Peirong said that entrepreneurs have more confidence and want to fly higher, cultivate more national brands standing in the world for the country, and realize the great rejuvenation of the Chinese nation as soon as possible. (Economic Daily reporter she Ying, Wan Zheng, Zhang Qian, Yuan Yang)