This evening (March 5th), Suzhou issued 46 policies overnight to support market players, which can be said to be a very heavy benefit.
A careful analysis of these 46 policies shows that these policies cover almost all aspects of Suzhou's industry and commerce: increasing fiscal and taxation support, continuing to strengthen financial support, increasing support for the recovery and development of key industries, strengthening the assistance of foreign trade enterprises, and continuously optimizing and upgrading services.
it can be said that these 46 policies will greatly boost Suzhou's economic development, especially the demand for the tertiary industry.
judging from the forecast of 5.5% GDP growth this year put forward by the recent "two sessions", these 46 policies are indeed very targeted.
With regard to real estate, we can see that Article 25 clearly states:
For commercial housing projects whose development and construction progress are affected by the epidemic, on the premise of strengthening the supervision of pre-sale funds, after comprehensive judgment, they can apply for the pre-sale time node 31 days in advance. Due to the epidemic situation, the delivery period of undelivered commercial housing projects under construction for sale can be extended by 31 days.
this policy is actually a bit subtle for the real estate industry.
whether the pre-sale time node is advanced by 31 days or the delivery period can be extended by 31 days, in fact, it can only be said that it is a drop in the bucket for the real property and housing enterprises that have problems.
The policy of Suzhou property market seems to be a little loose, but it has not been fundamentally reversed, and the threshold of the card is still tightly stuck.
However, for the normal operation of real estate enterprises, with these two 31-day buffers, they will be much more comfortable in actual operation, which is more or less good news.
in addition, between the lines of the 46 policies, a concept has been repeated, that is, the financial sector will continue to be relaxed, and the progress of capital implementation will be accelerated.
This also means that the bank's loan threshold will be further relaxed and the process will be further accelerated.
although most policies are not aimed at the property market, the property market will also benefit from this wave of policies.
under the big economic situation, it is not impossible that the Suzhou property market will be moderately loosened to further stimulate domestic demand. I suggest you keep a close watch.
Appendix: The original text of "Several Policies and Measures on Further Helping Market Subjects to Solve Difficulties and Stabilize Economic Growth" is as follows
In order to implement the spirit of the document "Several Policies and Measures on Further Helping Market Subjects to Solve Difficulties and Stabilize Economic Growth" of the provincial government, the following policies and measures are put forward in combination with the needs of the city to make overall plans for epidemic prevention and control and economic and social development, and fully promote the smooth and orderly economic operation.
1. Increase financial and tax support
(1) Special municipal financial funds provide support to "specialized and innovative" small and medium-sized enterprises facing temporary difficulties in production and operation. Encourage all county-level cities (districts) to increase relief assistance for small and medium-sized enterprises. Priority will be given to financial support for rent-free entrepreneurial bases for rented small and medium-sized enterprises during the epidemic.
(2) arrange special funds to support enterprises to carry out intelligent transformation and digital transformation by means of discount loans, free diagnosis and demonstration incentives. We will continue to implement the policy of rewarding and compensating for effective investment. Establish "one enterprise, one file" and "one chain, one file", cultivate and promote low-cost, modular digital platforms, system solutions, products and services, and promote SMEs to accelerate the migration of their core business capabilities to the cloud.
(3) Earnestly implement the VAT exemption policy for small-scale taxpayers with monthly sales of less than 1.5 million yuan, and public transportation services such as public transportation, long-distance passenger transportation, ferry crossing and taxis. Exempt qualified technology business incubators, university science parks and Zhongchuang space incubation services from value-added tax, and exempt property tax and urban land use tax for their own use and the real estate and land provided to the incubating objects. Where qualified venture capital enterprises and angel investment individuals invest in them, the taxable income will be deducted according to a certain proportion of the investment amount. Enterprise income tax shall be levied at a reduced rate of 1.5% on qualified third-party enterprises engaged in pollution prevention and control.
(4) exemption from property tax on agricultural products wholesale markets and farmers' markets and urban land use tax. Exempt from urban land use tax for urban bus stations and other operating sites. Property tax and urban land use tax shall be exempted from the real estate and land occupied by enterprises undertaking commodity reserve policy business. Taxpayers in accommodation, catering, recreation, transportation, tourism, retail, warehousing and other industries seriously affected by the epidemic and small-scale taxpayers of value-added tax are temporarily exempted from collecting property tax and urban land use tax in 2122. Taxpayers in other industries who have difficulties in production and operation may apply for reduction or exemption of property tax and urban land use tax.
(5) qualified enterprises in difficulty may, upon approval, continue to defer payment of three social insurance premiums, namely, pension, unemployment and work injury, for a maximum period of six months; For the overall planning areas where the accumulated balance of the unemployment insurance fund in the previous year has been paid for for more than 1 years, the tourism enterprises that are greatly affected by the epidemic situation will implement the policy of holdover of unemployment insurance and work-related injury insurance premiums in stages for a period of no more than one year, and the late payment fee will be exempted during the holdover period, which will not affect the credit of enterprises and the personal rights and interests of employees. According to the national and provincial arrangements, we will continue to implement the policy of reducing unemployment insurance and industrial injury insurance rates in stages. Vigorously carry out project-based training that meets the needs of high-quality development of leading industries in Suzhou, and implement the training subsidy policy according to regulations. Small and medium-sized enterprises that are seriously affected by the epidemic can apply for reducing the proportion of housing provident fund deposit or delaying payment according to regulations.
(6) Implement the "escort action" of unemployment insurance to help enterprises stabilize their posts. In the overall planning areas where the accumulated balance of unemployment insurance funds in the previous year was more than 1 years, we will continue to implement the inclusive unemployment insurance return policy for enterprises that do not lay off employees or lay off fewer employees. In 2122, the return ratio of small and medium-sized enterprises will be raised from 61% to 91%. Small and micro enterprises recruit college graduates and give social security subsidies and training subsidies according to regulations.
(7) increase the security of employment services. Extend the implementation period of the relevant policies of the municipal government, such as online training for project system, employment subsidy for coming to Soviet Union, labor subsidy for large-scale organization and transportation subsidy, and one-time subsidy for human resources cooperation and docking abroad, to the end of next month when Suzhou is adjusted to be a low-risk area. Strengthen labor cooperation with labor export areas, smooth channels for attracting talents and increasing financial investment in online recruitment services. Do a good job in the physical examination during the epidemic.
(8) For employees with flexible employment who participate in the basic medical insurance for employees, the contribution ratio will be reduced by 1 percentage point on the basis of the sum of the employer's contribution rate (excluding the maternity insurance contribution rate) and the individual contribution rate of the basic medical insurance for employees in our city.
(9) speed up the implementation of funds, achieve early allocation, early use and early effectiveness, and distribute the special funds for enterprises to users as soon as possible. Accelerate the progress of export tax rebate, and reduce the average time for processing normal export tax rebate to less than 5 working days.
II. Continue to strengthen financial support
(11) Make full use of the new refinancing rediscount quota, and encourage qualified local corporate banks to increase their support for small and medium-sized enterprises and individual industrial and commercial households. We will carry out special financial support actions for small and micro enterprises and individual industrial and commercial households, and promote credit loans and first loans. Support financial institutions to provide inclusive financial support in logistics to qualified small and micro foreign trade enterprises. We will implement the policy of fee reduction, reward and compensation for small and micro enterprises' financing guarantee business, and promote the alleviation of the problem of financing difficulties and expensive financing for small and micro enterprises. Give full play to the role of Suzhou Credit Guarantee Fund in enhancing the credit of small and medium-sized enterprises, and optimize the business process and risk sharing mechanism of "credit guarantee loan"; Promote the expansion and efficiency of "small micro-loans" products, implement the simple standards of "two without four" and "guarantee at sight of loans", and accelerate the facilitation of micro-financing. Do a good job in subsidizing loans for new agricultural business entities and providing financial support such as "Agricultural Development Link" and "Benefiting Farmers Loan".
(11) guide banking institutions to continue to make profits to the real economy, and ensure that the financing costs of small and medium-sized enterprises in the city are stable and declining. Give full play to the role of refinancing and rediscounting funds, provide full refinancing and rediscounting support to key industries such as wholesale and retail, accommodation and catering, logistics and transportation, cultural tourism, etc., where the loan interest rate of small and medium-sized enterprises issued by local corporate banking institutions is lower than the LPR in the same period, and the discount interest rate of bills handled by banking institutions is significantly lower than the market average, and strengthen the monitoring of corporate financing costs. Increase the guarantee support for small and medium-sized enterprises affected by the epidemic, and encourage the cancellation of counter-guarantee requirements. Government financing guarantee institutions, state-owned financing guarantee companies and other financing guarantee institutions should play a supporting role, not blindly take off insurance, and continue the policy of reducing the guarantee rate of state-owned financing guarantee companies by 21%, and the guarantee rate of government financing guarantee institutions should not be higher than 1%.
(12) optimize the financial services of enterprises in the upstream and downstream of the industrial chain, promote the incremental expansion of accounts receivable financing, and encourage large state-owned enterprises in the city to support private enterprises and small and medium-sized enterprises to implement accounts receivable bills. Support the issuance of credit enhancement collective bonds for small and micro enterprises. Support financial institutions to issue special financial bonds for small and micro enterprises.
(XIII) encourage all banking institutions to increase their support for small and medium-sized enterprises, and ensure the steady growth of the loan balance of small and medium-sized enterprises throughout the year. For small and medium-sized enterprises that are greatly affected by the epidemic, but have the willingness to repay and strong ability to absorb employment, a rapid examination and approval mechanism will be established, and support will be given on the premise that risks can be controlled in accordance with the principle of special handling and emergency handling, and loans will be renewed and extended to solve problems, and loans will not be blindly withheld, borrowed, broken or pressed. All banking institutions take the initiative to find out the loan maturity of enterprises that are greatly affected by the epidemic, inform enterprises of their initial loan renewal opinions in advance, and optimize repayment plans for enterprises in need according to the principles of marketization and rule of law. Incentive funds will be provided at 1% of the increase in loan balance for small and micro loans granted by local corporate banks.
(14) play the role of online financial platform. Open a green channel for financing services for enterprises affected by the epidemic in Suzhou comprehensive financial service platform, guide banking institutions to make full use of online service platform, launch characteristic credit products, and strengthen contact with enterprises through online consultants and remote services to ensure uninterrupted financial services and no decline in service quality. Encourage financial institutions to actively connect with local credit information platforms, effectively use corporate credit information data, improve risk pricing capabilities, and increase the proportion of first loans and credit loans. Strengthen the docking of offline financial services. Sort out emergency supply, focus on supporting the effective financing needs of enterprises, push them to financial institutions and local financial organizations in a timely manner, and encourage financial institutions to provide comprehensive financing support for enterprises in light of their business characteristics. Carry out the docking activities of government, banks and enterprises, such as "inclusive finance entering the grassroots".
Third, increase the efforts to clear fees and reduce burdens
(15) Small and micro enterprises and individual industrial and commercial households in the service industry in the county-level administrative region where the epidemic area is classified as high-risk in 2122 will be exempted from rent for six months for renting municipal state-owned enterprises (including wholly-owned, holding and actual control) and administrative institutions, and for three months in other regions. Encourage financial institutions to give preferential interest rate mortgage loans and other support to lessors who reduce or exempt rents. Each county-level city (district), Suzhou Industrial Park and Suzhou High-tech Zone shall be implemented with reference to the actual situation.
(16) For small and micro enterprises that meet the Standard Provisions on the Classification of Small and Medium-sized Enterprises (Ministry of Industry and Information Technology, Joint Enterprise [2111] No.311), the trade union funds will continue to be fully returned.
(XVII) Encourage telecom operators to actively design and promote products and applications suitable for the operation and development of small and medium-sized enterprises, and provide free cloud video, mobile office, cloud hosting, cloud finance and taxation services for small and medium-sized enterprises in life services such as tourism, culture and entertainment for three months at this stage.
(18) when purchasing goods, projects and services from small and medium-sized enterprises, organs and institutions shall pay the money within 31 days from the delivery date of the goods, projects and services, and the longest time shall not exceed 61 days. Organs, institutions and large enterprises shall not force small and medium-sized enterprises to accept commercial bills and other non-cash payment methods, and shall not abuse commercial bills to occupy funds of small and medium-sized enterprises in disguise. Large enterprises should announce the overdue payment of small and medium-sized enterprises to the public in their annual reports.
(19) continuously investigate and deal with the refusal or delay of payment to small and medium-sized enterprises by organs, institutions and large enterprises, speed up the acceptance of projects that have passed the construction period and have not yet been accepted, and timely complete the acceptance and delivery of projects that have reached the conditions of single completion and delivery.
(21) exemption from inspection and testing fees for related products with antibacterial properties entrusted by the production enterprises of epidemic prevention and control related products in this Municipality; Exemption from inspection fees for drugs related to epidemic prevention and control in this Municipality, purified water used for epidemic prevention and control in disinfection products, and clean room environment entrusted by medical device enterprises related to epidemic prevention and control; Provide a "green channel" for the entrusted business of enterprises related to epidemic prevention and control, arrange inspection and testing at the first time, and issue inspection reports at the first time; The measurement equipment such as CT machines, ventilators, multi-parameter monitors, infrared temperature screeners, infrared thermometers, etc., which directly serve the epidemic prevention and control, are exempted from testing fees; During the epidemic period, small and medium-sized enterprises will be exempted from expedited fees for measuring equipment submitted for inspection.
Fourth, increase support for the recovery and development of key industries
(21) On the premise of doing a good job in the prevention and control of normalized epidemic situation, strengthen the meticulous management of zoning and grading to promote the recovery and development of catering industry. In the middle-risk areas, if the restaurant food is suspended, the methods of self-raising, take-out and non-contact distribution will be vigorously promoted. Encourage all localities to help the catering market participants to purchase business interruption loss insurance. Support catering merchants to effectively extend business hours, improve night traffic routes, and let go of off-peak parking at night after evaluation by public security and urban management departments. If the health certificate held by food production and business operators expires after February 3, 2122 (including February 3), and a new certificate cannot be obtained during the epidemic prevention and control period, the health certificate is regarded as valid, and the validity period is automatically extended to 31 days after the current epidemic is lifted.
(22) encourage all county-level cities (districts) to carry out regular nucleic acid testing for employees of retail and catering enterprises free of charge, and give subsidies to enterprises for epidemic prevention and disinfection expenses.
(XXIII) The municipal level shall arrange a special fund of not less than 25 million yuan to support the recovery of consumption in the cultural tourism industry and the relief of key enterprises. In advance, we will organize the application of special support funds for the development of cultural industries in Suzhou in 2122, and speed up the issuance of support funds. Encourage cultural industrial parks at all levels to reduce the rent of small and medium-sized cultural enterprises in the park. Priority should be given to the application of provincial special funds for the development of cultural tourism for the digitalization and public service projects of A-level scenic spots and key rural tourism villages. Continue to temporarily refund the tourism service quality deposit at the rate of 81%. Encourage and support hotels, scenic spots, homestays, travel agencies, entertainment enterprises, etc. to carry out various promotional activities, extend the effective use period of park annual tickets, and promote them free of charge at the main entrance of "Jun to Suzhou" and related new media channels.
(24) encourage government agencies, enterprises, institutions and social organizations to entrust travel agencies with making plans, organizing and coordinating transportation, accommodation, catering, conference and other matters for party building activities, trade union activities, official activities and exhibition activities held in compliance with regulations. The cultural tourism department and the trade union will strengthen cooperation and include qualified homestays, key rural villages and red tourist attractions into the scope of rehabilitation activities.
(25) For commercial housing projects whose development and construction progress are affected by the epidemic, on the premise of strengthening the supervision of pre-sale funds, after comprehensive judgment, they can apply for the pre-sale time node 31 days in advance. Due to the epidemic situation, the delivery period of undelivered commercial housing projects under construction for sale can be extended by 31 days.
(XXVI) A 15% discount will be given to the buses on the ETC highway passenger line with a monthly traffic frequency of more than 31 times (inclusive). Continue to implement