News

China’s State Council Re-launches Practical Measures To Support Foreign Trade Companies To Explore The Domestic Market

Jun 10, 2020 Leave a message

The meeting pointed out that in accordance with the deployment of the Party Central Committee and the State Council, doing a good job in the "six stability" and implementing the "six guarantees" task is an important task for the government this year and must not be delayed. The main body of the market for job security and people's livelihood depends on the implementation of cities and counties. 


Tranp(Guangzhou) Energy Equipment Co.,Ltd is an prodessional heat exchanger manufacturer.During the epidemic,our company decided to sell the medical product to help foreign people can better buy the medical product to mitigating the impact of the epidemic.But we still focus on the heat exchanger product,we can provide an professional service. During the epidemic,we should work together to get through the difficulties together.


This year, the country has determined to increase taxes and fees by 2.5 trillion yuan. Among them, the reduction and exemption of social insurance premiums will reduce the burden on market participants by more than 1.6 trillion yuan, most of which will be realized in the second half of the year. Many places are also reducing taxes and fees on their own, which will strongly support enterprises In particular, the urgent need for small and medium-sized enterprises to bail out and solve the difficulties of the people, but it also brings a big gap to the financial strength of cities and counties. A total of 2 trillion yuan of new fiscal deficits and special anti-epidemic national debt funds will be sent directly to cities and counties to support local implementation of measures to help small and medium-sized enterprises, self-employed industrial and commercial households and people in need, and to strengthen public health and other foundations. Facilities construction and anti-epidemic related expenditures. 


The meeting determined that a special transfer payment mechanism should be established to increase all new financial funds to cities and counties as soon as possible by increasing transfer payments from the central government to local governments and arranging transfer payments from government funds. The central government and relevant departments strengthen management.


While strengthening capital supervision, they will sink their financial resources more to the grass-roots level to make up for the gap in the grass-roots financial strength to ensure that the central government determines the job security, livelihood and livelihood insurance market. The main measures are truly implemented. The city and county governments should establish and use account books to ensure that the flow of funds is clear and the accounts can be checked. The Ministry of Finance should establish a full coverage and full chain monitoring system at the same time. Treasuries at all levels should urge direct peer-to-peer funds allocation to ensure accountability. The audit department should conduct special audits. Those who have intercepted and misappropriated or misreported their claims shall be held accountable and dealt with in accordance with the law and regulations.



Send Inquiry