{"id":600706,"date":"2022-05-19T13:04:01","date_gmt":"2022-05-19T13:04:01","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=600706"},"modified":"2022-05-19T13:04:01","modified_gmt":"2022-05-19T13:04:01","slug":"policies-set-to-help-smaller-enterprises-in-zhejiang","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/policies-set-to-help-smaller-enterprises-in-zhejiang_600706.html","title":{"rendered":"Policies set to help smaller enterprises in Zhejiang"},"content":{"rendered":"<p style=\"text-align: justify;\">Twenty-seven specific policy measures will be implemented to step up relief for MSMEs &mdash; micro, small and medium-sized enterprises &mdash; in Zhejiang province, the nation&#8217;s private economy hub. They include support for employment, epidemic prevention and financing, according to a circular issued by the provincial government on Thursday.<\/p>\n<p style=\"text-align: justify;\">The measures are expected to lighten the burden on enterprises by more than 200 billion yuan ($29.4 billion) throughout the year.<\/p>\n<p style=\"text-align: justify;\">Efforts will also be made to support the implementation of national tax reduction policies, including a phased VAT (value-added tax) exemption policy for small-scale taxpayers, VAT credit refunds, deferred payments for some taxes and policies related to export tax rebates.<\/p>\n<p style=\"text-align: justify;\">To assist businesses and stabilize employment, unemployment insurance premium refunds will continue to be provided for enterprises that don&#8217;t lay off employees or have fewer fired workers.<\/p>\n<p style=\"text-align: justify;\">For enterprises in the industries o catering, retail, tourism, civil aviation, road, water and rail transportation, the payment of pension insurance premiums will be suspended in the second quarter this year.<\/p>\n<p style=\"text-align: justify;\">More than 37.3 billion yuan in various financial subsidies has been offered to enterprises as of May 11.<\/p>\n<p style=\"text-align: justify;\"><em>Fang Xiaoying in<\/em> <a rel=\"nofollow\" href=\"http:\/\/www.ehangzhou.gov.cn\/index.html\" target=\"_blank\">Hangzhou<\/a><em> contributed to this story.<\/em><\/p>\n<p style=\"text-align: justify;\"><em><img decoding=\"async\" src=\"https:\/\/www.abnewswire.com\/uploads\/4c3449f1a1efd17e7405626b7e5685d5.jpg\" alt=\"\" \/><\/em><\/p>\n<p><span style='font-size:18px !important;'>Media Contact<\/span><br \/><strong>Company Name:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/companyname\/ehangzhou.gov.cn_60564.html\" rel=\"nofollow\">The Information Office of Hangzhou Municipal Government<\/a><br \/><strong>Contact Person:<\/strong> Cai Jingwen<br \/><strong>Email:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/email_contact_us.php?pr=policies-set-to-help-smaller-enterprises-in-zhejiang\" rel=\"nofollow\">Send Email<\/a><br \/><strong>Phone:<\/strong> 0510-68559077<br \/><strong>Country:<\/strong> China<br \/><strong>Website:<\/strong> <a href=\"http:\/\/www.ehangzhou.gov.cn\/\" target=\"_blank\" rel=\"nofollow\">http:\/\/www.ehangzhou.gov.cn\/<\/a><\/p>\n<p><object type=\"text\/html\" data=\"http:\/\/www.ehangzhou.gov.cn\/\" style=\"width:900px; height:400px;\"><\/object><img decoding=\"async\" src=\"https:\/\/www.abnewswire.com\/press_stat.php?pr=policies-set-to-help-smaller-enterprises-in-zhejiang\" alt=\"\" width=\"1px\" height=\"1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Twenty-seven specific policy measures will be implemented to step up relief for MSMEs &mdash; micro, small and medium-sized enterprises &mdash; in Zhejiang province, the nation&#8217;s private economy hub. They include support for employment, epidemic prevention and financing, according to a &hellip; <a href=\"https:\/\/www.abnewswire.com\/pressreleases\/policies-set-to-help-smaller-enterprises-in-zhejiang_600706.html\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[412,446,432,443,416],"tags":[],"class_list":["post-600706","post","type-post","status-publish","format-standard","hentry","category-News-Current-Affairs","category-Society-Culture","category-Travel","category-Website-Blog","category-World"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/600706","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=600706"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/600706\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=600706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=600706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=600706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}