The Yichang Municipal Government has recently issued the Implementation Plan on Further Reduce the Cost of Enterprises and Enhance the New Drivers of Economic Growth, which has put forward 31 measures from six aspects, namely, reduce the cost of enterprises, logistics cost, financing cost, tax burden, institutional transaction cost and labor cost.
■ Key words: Energy cost reduction of electricity price and gas price
It will further simplify the Power Supply Point’s Installation Process of power supply enterprises and reduce the time limit for installation.The average time to receive electricity from 10 KV and 400 volts of non-resident customers was reduced to 80 days and 30 days respectively. And the design review and intermediate inspection of ordinary customers should be abolished.Besides, it will reduce power grid charges and distribution prices and continue to cancel temporary power charges,in accordance with the policy, the self-generation power plant integrated into the waste heat, waste pressure, and waste gas from the power grid are exempted from system reserve fee. Besides,gas supply companies are encouraged to provide direct supply to natural gas users and reduce the price of gas for enterprises.
■ Key words: Reducingtoll and standard of super highways
Since Jun.1, ETC buses that use super highway pass card to pay tolls will be given a 5% discount on the transportation fee;A 15% discount is given to the normal and lawful loading part of the truck that use pass card to pay tolls;When using pass card to pay tolls, a 50% discount will be given to the international standard container transport vehicles (i.e. collecting trucks) legally loaded import and export of the main ports along the Yangtze River in the province by designated highway toll stations. And the implementation time will expire on Dec.31, 2020.
■ Key words:Reducing enterprise financing cost
In order to guide financial institutions to better serve the real economy, the proportion of loans to agriculture and micro-enterprises in the whole city and industrial loans will be increased by two and three percentage points respectively in 2018.The annual growth rate of technical reform loans and industrial loans by banks and financial institutions will not be lower than the growth rate of total loans. In order to actively strive for special funds of provincial-level traditional industry transformation and upgrading, the municipal and county governments set up special discount interest funds for technical reforms and give discount interest to enterprises that meet the requirements. Commercial banks are encouraged to optimize the policy of enterprise financing renewal. If the enterprise needs to renew its loans when its financing matures and meets the conditions of renewal without repayment of principal, it shall be handled according to the policy of renewal without repayment of principal. And the situation of renewal without repayment of principal shall not be taken as a separate factor to reduce the risk classification of loans. We will encourage commercial banks to cooperate with transfer loan fund in carrying out related business, simplify the operation process, shorten the time of advance fund, and reduce the cost of advance fund for enterprises. In the process of handling mortgage loans, if the mortgages need to be registered according to law, the mortgage registration department shall not impose services and charges; If the mortgage registration period is expired and the enterprise continues to apply for the renewal of mortgage loan with the same mortgaged property, the mortgage registration department may not charge the mortgage registration fee again.
■ Key words:Tax burden continues to decline
We will fully implement the preferential policies on income tax for small and micro enterprise by canceling the filing procedures, so that small and micro enterprises can “declare and enjoy”.We will increase the pre-tax deduction ratio of research and development expenses for technology-based small and medium-sized enterprises.The upper limit of employment security for the disabled paid by enterprises has been reduced from “not more than three times the average salary of local society” to “not more than doubled”. The patent registration fee will be suspended from Aug.1, 2018.
■ Key words: Reducing institutional transaction cost
We will focus on key areas such as real estate registration, examination and approval of engineering construction, start-up enterprise by further reducing links, processes, materials and time limits, so as to speed up the approval process and increase the efficiency of services. We will further standardize and improve the pre-intermediary charging behavior of administrative examination and approval, clear up matters concerning intermediary services for administrative examination and approval, optimize the fire approval and filing acceptance procedures,and implement the “electronic” joint examination of construction drawings, so as to improve the efficiency of examination and approval and reduce the scope of fire protection facilities inspection and construction projects.
■ Key words: Reducing labor costs of enterprises
The employing units that recruit poor people with record and card will not pay unemployment insurance premiums and will continue to reduce the proportion of housing provident fund appropriately for enterprises in need.From Apr.1, 2018 to Dec.31, 2020, labor union fees will be fully refunded to small and micro enterprises that are exempt from value added tax according to the regulations.Enterprises are encouraged to carry out skills upgrading training for staff: those employees who participate in unemployment insurance according to law, pay unemployment insurance premiums in full and have paid unemployment insurance premiums for a total of 36 months or more, besides, since Jan.1, 2017 those employees who obtain primary (Level Five), intermediate (Level Four), senior (Level Three) professional qualification certificate or certificates of professional skill levels,shall be given skills upgrading subsidies of 1000 RMB, 1500 RMB and 2000 RMB respectively, so as to ensure that eligible employees can enjoy skills upgrading subsidies. (Journalist Zhao Jingyi)