日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Finance

Social insurance incentives to help hedge losses

By Zhou Lanxu in Beijing and Shi Jing in Shanghai | China Daily | Updated: 2020-02-21 09:00
Share
Share - WeChat
[Photo/Sipa]

China's latest cut in social insurance payments will offer enterprises a strong buffer against losses caused by the novel coronavirus outbreak, officials and experts said on Thursday.

To help enterprises withstand the epidemic and stabilize employment, the country will cut corporate contributions to the old-age pension, unemployment and workplace safety insurance funds by at least 500 billion yuan ($71.3 billion) this year, according to You Jun, vice-minister of human resources and social security.

This amount will exceed last year's total reduction in corporate contributions to the social insurance system of over 400 billion yuan, You said at a media briefing on Thursday in Beijing.

"We hope that the reduction and exemption of enterprises' social insurance payments will ease their difficulties in production and operation," he said.

According to You, nationwide micro, small-and medium-sized enterprises-as well as all types of enterprises in Hubei province, the outbreak epicenter-will be eligible for exemption of the above three types of social insurance payments from February to June.

Large enterprises outside Hubei will see their contributions halved from February to April, You said.

Nationwide companies will see another 150-billion-yuan fee reduction at most, as regional governments are allowed to halve corporate contributions to the basic medical insurance fund from February to June, according to Chen Jinfu, deputy head of the National Healthcare Security Administration.

Local governments can formulate their own contribution reduction plans based on actual situations, so as to ensure the long-term sustainability and withdrawals of the fund, Chen said.

In addition, companies can apply to defer payments to the housing provident fund, while those undergoing severe difficulties due to the epidemic are eligible for the deferral of the three types of social insurance payments for as long as six months.

The authorities have fully considered the capability of the social insurance funds to afford the temporary exemption, and the fee reduction will not hurt sustainability of the nation's social insurance system, officials said.

For the regions that have lower ability to digest the exemption of old-age pension fund contributions, the country will ramp up the supplement from the central government and reallocate the fund among different regions, according to Vice-Finance Minister Yu Weiping.

Dong Dengxin, director of the Finance and Securities Institute at the Wuhan University of Science and Technology, said the above measures will strengthen support from the fiscal side to enterprises and therefore help stabilize the labor market.

"But merely lowering the contributions is not enough from the longer term perspective. We should speed up the reform and the integration of social insurance systems," Dong said.

Apart from the fiscal side, the financial sector has also stepped up support to the real economy. By Wednesday, banks in Shanghai have offered up to 90 loans valued at 1.31 billion yuan to 48 key companies, with the weighted average interest rate coming in at 2.35 percent, said Li Jun, deputy director of the Shanghai financial services office.

All the loans have been granted within two days, and are mainly used to support manufacturing of epidemic control and prevention products and for procurement of medicines, Li said.

A total of 54 banks in Shanghai have offered loans valued at 17.6 billion yuan which are targeted at the companies affected by the epidemic, especially SMEs. Up to 1,796 companies have successfully applied for the loan, with the interest rate at around 3.62 percent.

About 350 million yuan of fees and interest have been reduced for another 4,360 companies that are seriously impacted by the epidemic, said Li.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 欧美日韩精品在线观看 | 哥斯拉大战金刚2在线观看免费完整版 | 天天干天天操天天射 | 欧美1区 | 天天插天天 | 久久精品亚洲精品国产欧美kt∨ | 久福利 | 黄色网址在线免费播放 | 天天摸夜夜摸狠狠摸夜夜摸 | 日本高清视频不卡 | 精品久久久久一区二区三区 | 欧美a级在线观看 | 国产精品国产亚洲精品不卡 | 99re视频| 亚洲国产香蕉视频欧美 | 日本激情网 | 午夜婷婷精品午夜无码A片影院 | 国产成人www | 久久se精品一区精品二区 | A片扒开双腿猛进入免费观看 | 色综合色狠狠天天综合色 | 激情六月丁香婷婷 | 久久思思爱 | 亚洲国产女人aaa毛片在线 | 欧美第八页| 欧美日本另类xxx乱大交 | 国产精品视频第一页 | 免费一级欧美片片线观看 | 2017av伦理片| av在线电影网 | 精品国产免费一区二区三区 | 欧美激情刺激爽免费视频观看 | 粉嫩粉嫩芽的虎白女18在线视频 | 爱人同志国语免费观看全集 | av免费在线观看国产 | 欧美全黄| av9898| 午夜视频1000 | 欧美一区二区三区四区五区 | 色视频免费版高清在线观看 | 欧美大片网站 |