Support policies for Harbin enterprises take effect
Updated : 2020-07-02
By ( e.my399.com )
They said that since Feb 6, the Harbin government has successively issued seven policy documents, designed to stabilize jobs and help businesses reduce their financial pressures.
As of June 8, Harbin’s 839,300 enterprises reportedly benefited from the preferential policies. The accumulated funds channeled by the local government towards various types of exemptions, reimbursements and extensions of corporate financing totaled 71 billion yuan ($10.05 billion), officials said.
Of that, 3 billion yuan in funds were set up to stabilize jobs, with 1.18 billion yuan having been allocated.
Officials said the Harbin financial bureau has coordinated with the industry departments to include 9,161 Harbin enterprises on Heilongjiang province's financial support list for enterprises.
Of these, 3,180 enterprises from Harbin have received loans of 18.14 billion yuan, with the loan amount accounting for 45.8 percent of the province's total.
In support of policy-based financing guarantees, the Harbin guarantee center has secured 6.54 billion yuan of loans for 892 enterprises. The guarantee fees and handling fees were reduced by 16.08 million yuan.
To implement the polices to support businesses, the Harbin taxation department sent out 150,000 policy information sheets to more than 400,000 enterprises. It reduced or exempted 320 million yuan in tax rebates for nearly 20,000 taxpayers, and handled deferred tax payments of 978 million yuan.
Officials said the office of human resources and social security has provided 113 million yuan in subsidies for job stability to more than 12,000 small and medium-sized enterprises.
It has also reduced and exempted social security expenses of 2.19 billion yuan and 1.2 billion social insurance expenses were refunded, benefiting 49,000 enterprises.
Harbin has made major progress in improving its environment.
The financial departments recently allocated another 320 million yuan to support companies that are resuming their operations and production.
Policies rolled out by Harbin -- in response to the needs of enterprises that are resuming operations and production -- have taken effect.
The Harbin area of the China Heilongjiang Pilot Free Trade Zone recently rolled out initiatives to simplify registering and starting up companies, shortening the entire process to within around one hour.