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    The State Council Has Introduced A Series Of Cost Reduction Measures To Reduce The Burden On Enterprises By 300 Billion.

    2019/4/4 11:35:00 9748

    Foreign Investment LawCost ReductionState Council

    Li Keqiang, premier of the State Council, chaired the executive meeting of the State Council on April 3rd to determine measures to reduce government fees and operating service charges this year, further reducing burdens on enterprises and the masses, decided to reduce the tax rate on postal items collected for entry articles, promote the expansion of imports and consumption, cooperate with the implementation of foreign investment law, adapt to the needs of optimizing business environment, adopt a batch of draft amendments to the law, listen to reports on centralized drug procurement, shortage of medicines supply and medical assistance, and request more people to benefit from medication.

    The series of cost reduction measures launched by the conference will reduce the burden on enterprises and the masses by more than 300 billion yuan throughout the year. Among them, there is no shortage of public welfare measures that fit the needs of the ordinary people. For instance, from July 1st, the registration fee of real estate will be reduced or reduced, and the scope of reduction of patent application fees and annual fees will be expanded. The fees for private sector passport and other entry and exit licenses, some trademark registration and electricity and vehicle networking will be reduced. In addition, the meeting also identified a series of measures to reduce mobile network traffic and SME broadband tariffs, reduce the average electricity price of general industrial and commercial enterprises, and reduce the price of railway freight spanportation.

    The deputy director of the Financial Research Institute of the Chinese Academy of Social Sciences, deputy director of the Financial Research Institute, told reporters that in the process of overall tax reduction and downpayment, it is indeed necessary to reduce public service charges, which is conducive to the benefit of people to reduce the burden of dividends.

    The civil aviation development fund is reduced by half.

    The meeting clearly stated that the registration fees for real estate ownership, such as garage and parking space, dropped from 550 yuan to 80 yuan each, and the registration fee fee for trademark renewal was reduced from 1000 yuan to 500 yuan. The national standard for the construction of major water conservancy projects and the Civil Aviation Development Fund was reduced by half. By the end of 2024, the cost of cultural construction was reduced by half to the central enterprises and institutions, and the provinces, municipalities and municipalities were authorized to reduce the fees for local enterprises, institutions and individuals within 50% degrees. At the same time, we should set up a qualified investment for vocational education pilot enterprises to implement the policy of paying 30% of the amount of investment and additional education in the year.

    Xiao Li, a citizen of Beijing, told reporters that he had recently completed the registration of the ownership of the real estate in the garage. The charge was 550 yuan, which was a little high. Now it has dropped to 80 yuan. The drop is very large, and it is more reasonable.

    He Dai Xin told reporters that for a long time, government fees and service charges provided some financial support for public services. However, the pricing criteria of these charges will change over time. In recent years, with the increase of scale effect, the fixed cost of these charges has been amortized, that is to say, the cost of providing these services by government departments and so on is correspondingly reduced. Lowering public service charges will help people enjoy the burden reduction.

    The reporter noted that the state's major water conservancy construction fund is a central government fund set up to raise funds for major national water conservancy projects. According to the central budget issued by the Ministry of Finance in April 2nd, the national standard for the collection of major water conservancy construction funds has been reduced by 25%. In 2019, the revenue budget of the national major water conservancy construction fund was 17 billion 250 million yuan, which was 4 billion 487 million yuan lower than that of 2018 and 20.6%.

    However, in 2019, the income budget of the Civil Aviation Development Fund was 47 billion 800 million yuan, an increase of 4 billion 256 million yuan over the 2018 figure and an increase of 9.8%. Mainly based on the estimated growth rate of passenger and freight spanport turnover in 2019.

    Conducive to stimulating social consumption

    In addition to reducing the above public service charges, the meeting also determined measures to reduce mobile network traffic and SME broadband tariffs for about 180 billion yuan a year, reduce the average electricity price of general industrial and commercial enterprises, implement the freight rate of the floating railway freight, reduce port charges, and abolish the authentication fees of citizenship information. The above measures will further reduce administrative fees and charges after the reduction of social security rates, and will reduce the burden on enterprises and the masses by more than 300 billion yuan throughout the year.

    In addition, the meeting decided that from April 9th, the postal tax rate would be levied on the luggage and postal articles carried by individuals. The rate of duty on food and drugs decreased from 15% to 13%, and textiles and electrical appliances decreased from 25% to 20%.

    Reporters noted that in order to implement the government work report on the general industrial and commercial average electricity price reduction of 10% requirements, the national development and Reform Commission has previously said that the power grid enterprises to value-added tax rate adjustment, the corresponding reduction of general industrial and commercial electricity prices. After the value added tax rate of power grid enterprises is adjusted from 16% to 13%, the reduction of the tariff level of the provincial power grid enterprises is all used to reduce the general industrial and commercial electricity price.

    For the 300 billion yuan reduction scale, he Dai Xin analysis pointed out that this year the national tax reduction and reduction of about 2 trillion yuan, the "main course" is a tax reduction, 300 billion yuan, although two trillion compared with the total plate accounted for a small proportion, but the significance is very significant, can reduce the cost burden of many industries and individuals, which will stimulate consumption, stabilize social expectations.

    Li Xuhong, director of the Beijing Institute of Finance and taxation policy and applied research, said in an interview with reporters that reducing taxes and lowering fees does not mean a complete cancellation of the "fees". It is still necessary to effectively play the role of "fees". In China, fees are not only an important part of financial revenue, but also play a huge role in the process of economic development.

    Li Xuhong said that on the one hand, we need to continue to step up efforts to reduce taxes and reduce fees and reduce the non tax burden of market players. On the other hand, we need to balance the structure between taxes and fees so that tax reduction and cost reduction can achieve better activation of market vitality in a reasonable structural optimization.

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