National Efforts Are Needed To Ensure That Medical Supplies And Health Care Workers In Hubei Are Temporarily Exempt From Value-Added Tax.

Epidemic prevention and control is entering a critical period. Safeguarding the people's health and safety is the top priority. Fiscal and monetary policies should be further increased and fully support the production enterprises involved in the epidemic prevention and control.

According to the news of the Chinese government network, Premier Li Keqiang chaired a State Council executive meeting on February 5th, calling for a solid guarantee for the prevention and control of key medical supplies and necessities of life. We must do our best to ensure the supply and supply of key medical and control materials and daily necessities. All localities and departments must adhere to the supremacy of the interests of the people and resolutely win the battle against epidemic prevention and control. In the early stage, on the basis of various measures to prevent and control the epidemic, a number of fiscal and financial policies to support the supply were launched.

First look at the main points of this meeting:

1, we need to set the national strength to give priority to the needs of key medical prevention and control materials and medical personnel in Hubei and Wuhan. We urge the relevant state-owned enterprises to switch production and capacity expansion as soon as possible, and increase the key medical prevention and control materials production on the basis of quality assurance. Encourage local governments to adopt social security payments and other ways to promote enterprises to stabilize posts. The key medical prevention and control materials produced by enterprises should be purchased and stored by the government.

2, fully protect the "baskets" products and other necessities of life. We should actively organize production of vegetables and livestock and poultry, and promote related feed, slaughtering and processing enterprises to speed up the resumption of production and ensure the production needs of the aquaculture industry.

3, in time, stop unauthorized interception, block traffic and other illegal activities. We should highlight the transportation of epidemic prevention and control materials and daily necessities in key areas.

4, from January 1st onwards, temporarily prevent and control the production of key material production enterprises to expand production capacity to purchase equipment, allow one-time deduction before tax, return the value-added tax increment tax in full, and increase value-added tax on key transport materials and public transport, life services and postal express revenue; exemption from registration fees for related anti epidemic drugs and medical devices; and exempt from civil aviation development fund paid by civil aviation enterprises.

5, support banks to key enterprises in the production, transportation and sale of key medical prevention and control materials and daily necessities, including small and micro enterprises, providing preferential interest rate loans, and giving half discount to the government to ensure that the loan interest rate of enterprises is less than 1.6%.

In addition, the meeting stressed that the macro policy support must be precise and accurate, and the financial and auditing departments should strengthen supervision to ensure that funds are used on the knife edge and take the opportunity to defraud the illegal behavior of obtaining financial and credit funds and resolutely punish them.

All the key medical materials produced by the government are fully covered by the government.

The meeting pointed out that we should conscientiously implement the important instructions of general secretary Xi Jinping on strengthening epidemic prevention and control work and the spirit of the Standing Committee of the Standing Committee of the Political Bureau of the CPC Central Committee. In accordance with the Central Committee's response to the deployment of the leading group of epidemic prevention work, the State Council's joint defense and joint control mechanism should strengthen supervision and coordination, compel local territorial responsibilities, and make every effort to ensure the supply of key medical and control materials and necessities of life. All localities and departments should adhere to the supremacy of the interests of the people, actively carry out their duties around the overall situation, take the initiative to shoulder the responsibility, and work together to resolutely win the battle against epidemic prevention and control.

The meeting put forward three key requirements, specifically:

First, it is necessary to set the national strength to give priority to the needs of key medical prevention and control materials and medical personnel in Hubei and Wuhan. While doing a good job in regenerating existing enterprises and making full efforts, we should urge relevant state-owned enterprises to switch production and capacity expansion as soon as possible, fully mobilize the enthusiasm of private enterprises and other social forces, help solve the practical difficulties of capital, qualification, production sites, equipment purchase and raw material procurement, and promote the coordination and linkage of the whole production chain. Encourage local governments to adopt social security payments and other ways to promote enterprises to stabilize posts. The key medical prevention and control materials produced by enterprises should be purchased and stored by the government.

Two, we must strengthen local responsibility and ensure the supply of daily necessities such as vegetable basket products. We should actively organize the production of vegetables and livestock and poultry, promote related feed, slaughtering and processing enterprises to speed up the resumption of production and put in stock corn, so as to ensure the production needs of aquaculture industry and increase the supply of meat and egg milk.

Three, we must strengthen transportation security. Stop illegal activities such as unauthorized interception and traffic interruption. We should highlight the transportation of epidemic prevention and control materials and daily necessities in key areas, unimpede the green channel of "vegetable basket" products, and strictly implement no parking, no checks, no charges, and priority and convenient access.

The assistant professor of Applied Economics, Guanghua School of Management, deputy director of Peking University's Institute of economic policy, and chief economist of Founder Securities, in an interview with the Securities Times reporter, said that some of the current strong control measures are to control the epidemic, even if the economic growth at the expense of some seasons is not a big problem. As the proportion of GDP in the first quarter of is not high, if the impact of the epidemic on the economy is only limited to the first quarter, then the impact on the whole year's economic growth will be limited, and the one-off impact will eventually be gradually digested and absorbed.

The color proposal should be vigilant against the unnecessary impact of excessive policies on the economy. In the face of epidemic situation, we need to strengthen epidemic prevention, but we should not take extreme measures. In particular, we need to be vigilant for policies at all levels to go all the way. For example, problems such as road blockage and road closure, which may lead to the obstruction of logistics, will lead to the two failure of the first industry. It is suggested that the prevention and control of epidemic situation should be done with the idea of "sealing the city away from the city".

"In addition to scientifically and rationally judging the epidemic situation, we must also manage properly, strengthen isolation, reduce the closure of the city, and prevent excessive production and excessive production." Color is called.

Finance, taxation, financial support and "overweight" to ensure that the interest rate of key enterprises is below 1.6%.

Not long ago, five ministries and commissions such as the central bank and the Ministry of Finance jointly issued the notice on further strengthening financial support to prevent and control the epidemic of pneumonia caused by new coronavirus (hereinafter referred to as the "notice"), and promulgated 30 measures, with emphasis on increasing monetary and credit support, maintaining a reasonable and abundant liquidity, and strengthening financial support for key medical and domestic production enterprises.

According to the arrangement of this national regular meeting, on the basis of the various measures that have been introduced in the early stage of the epidemic prevention and control, a number of fiscal and financial policies supporting the supply will be launched. Specific measures include the following five aspects:

1, we should prevent and control the production of key material production enterprises to expand the capacity to purchase equipment, allow one-time deduction before tax, and fully refund the increment tax on value added tax during this period.

2, the value added tax on transport prevention and control of key materials and provision of public transport, life services and postal express revenue is exempt from value-added tax.

3, the registration fees should be waived for the relevant epidemic prevention drugs and medical devices, and the support for research and development of drugs and vaccines should be increased.

4, exempt from civil aviation enterprises to pay the Civil Aviation Development Fund;

5, we should make good use of the special reloan policy and support banks to provide preferential interest loans to key enterprises, including small and micro enterprises, in the production, transportation and sale of key medical prevention and control materials and daily necessities, and give them a half discount from the financial sector to ensure that the loan interest rate of enterprises is less than 1.6%.

It can be seen that the above "overweight" measures are mainly aimed at giving priority to ensuring that the relevant enterprises involved in the current epidemic prevention and control are expanding their production capacity and increasing support for epidemic prevention and control. The notice put forward that during the period of epidemic prevention and control, the list management system for the production, transportation and sale of medical protective clothing, medical masks, medical goggles, new coronavirus detection kits, negative pressure ambulances, disinfector, 84 disinfectant, infrared thermometer and related medicines, as well as key enterprises of important living materials, should be implemented during the epidemic prevention and control. Through special refinancing, the central bank provides low cost funds to financial institutions, and supports financial institutions to provide credit support for preferential interest rates to enterprises listed on the list.

Pan Gongsheng, vice governor of the central bank, recently revealed that during the epidemic prevention and control period, the central bank will provide a total of 300 billion yuan low cost special reloan funds to major local banks and some local legal persons in key provinces (cities and districts) of Hubei, requiring banks with re loan funds to provide preferential credit support to the major medical and life goods production enterprises that are responding to the epidemic.

At the same time, the central bank has worked with the development and Reform Commission, the Ministry of industry and information technology to adopt a list management system for key enterprises to ensure that special refinancing funds are used to cope with the most urgent needs of the epidemic. On the morning of January 31st, the central bank has convened a meeting of the relevant banks, requiring all commercial banks to take the initiative to strengthen the docking with relevant enterprises in the list, and provide sufficient credit resources to fully meet the reasonable financing needs of key enterprises.

Securities Times reporter learned that at present, all major banks have made arrangements according to the relevant requirements of the regulatory authorities. For example, in view of the credit support needed by enterprises and institutions involved in epidemic prevention and control, many banks have opened up a green channel to simplify the approval process of credit funds and appropriately give preferential interest rates.

A state owned provincial branch executive told the Securities Times reporter that the bank has issued notices within the whole line recently to set up green approval channels for new financing and stock financing and continuous loan business of key hospitals, medical research institutes, pharmaceutical and medical equipment production and circulation enterprises directly involved in the epidemic prevention and control. The list management of key enterprises can be implemented. Under the premise of real use and earmarked appropriation, they can not perform collective deliberation procedures and report directly to the leaders or governors of credit approval and approval departments. At the same time, the head office set up a special credit scale for Hubei's regional epidemic prevention and epidemic prevention work. For the needs of new businesses and renewal loans for key enterprises, they can not fulfill the collective deliberation procedure and report directly to the authorized examiner for examination and approval. For the government led key health infrastructure projects, the simplification process can be adopted.

Pan Guangwei, vice president of the China Banking Association, recently revealed that the banking industry has provided over 100 billion credit support to fight against the epidemic. As of February 1st, the National Development Bank had supported 2 billion yuan against the epidemic credit; the Agricultural Development Bank of China and the export and Import Bank of China jointly supported 6 billion 375 million yuan against the epidemic credit; 6 large commercial banks in the industrial, agricultural, middle, construction, diplomatic and postal savings banks had altogether 26 billion 735 million yuan against the epidemic credit support; 12 joint stock banks, such as China Merchants Bank, Everbright and Xingye, were fighting against the epidemic credit support for a total of 47 billion 385 million yuan; 21 city commercial banks and private banks provided 14 billion 274 million yuan for the epidemic prevention and control XinDa, and the national agricultural credit agencies provided credit support to the related enterprises to reach 8 billion 504 million yuan.