(Beijing / Shenzhen Comprehensive News) Due to the difficulty of the Chinese manufacturing market, the government announced that it has delayed the taxation of manufacturing to help enterprises relieve it, involving 440 billion yuan (about S $ 88.6 billion).
Comprehensive Xinhua News Agency and the Securities Times reported that Prime Minister of the State Council of the State Council of State Council held a meeting on Tuesday (13th) to decide to further extend the payment period for the manufacturing taxation.The meeting pointed out that the key to stabilizing the economy must protect the market subject, and the current difficulty of the manufacturing market is currently difficult, and it is necessary to increase the efforts of bailout policies.
China ’s“ five taxes and two fees ”such as small and medium -sized enterprises, individual industrial and commercial households, and individual industrial and commercial households have been delayed by four months after the expiration of the period from September 1, involving 440 billion yuan in tax slows.At the same time, the new value -added tax deduction of the manufacturing industry will be refunded. It is expected that the tax refund of 32 billion yuan will be refunded for manufacturing enterprises in the next four months this year.For the manufacturing, service industry, social service fields, small and medium -sized enterprises, individual industrial and commercial households, etc. in the fourth quarter, they will update the transformation equipment in the fourth quarter, and support national commercial banks to invest in medium- and long -term loans at a interest rate of not more than 3.2%.The People's Bank of China pays special re -loan at 100%of the loan principal, and the re -loan amount is 200 billion yuan.In order to implement the 2.5%policy of the central financial discount, the cost of updating the transformation equipment in the fourth quarter was not higher than 0.7%.
