Notice of Nanning Municipal People's Government on Issuing Several Measures of Nanning City to Support Small and Medium-sized Enterprises to Maintain Business and Stabilize Development in Response to the Pneumonia Epidemic of Novel Coronavirus Infection

To the people's governments of all counties and districts, all departments of the municipal government, all management committees, all municipal dual-managed units, and all municipal directly affiliated institutions and enterprises:

The "Several Measures of Nanning City to Support Small and Medium-sized Enterprises to Maintain Business and Stabilize Development in Response to the Pneumonia Epidemic of Novel Coronavirus Infection" has been reviewed and approved by the 101st executive meeting of the 14th Nanning Municipal People's Government, and is now issued to you. Please implement it conscientiously in light of the actual situation.

In order to thoroughly implement the spirit of General Secretary Xi Jinping's important instructions on resolutely winning the battle against epidemic prevention and control, and in accordance with the decisions and deployments of the Party Central Committee, the State Council, the Autonomous Region Party Committee, and the Autonomous Region People's Government on the prevention and control of pneumonia epidemic of novel coronavirus infection, focusing on the impact of the epidemic on economic operation, reducing the negative impact of the epidemic on small and medium-sized enterprises in our city, and supporting small and medium-sized enterprises to overcome difficulties together, the following measures are specially formulated in combination with the actual situation of Nanning:

I. Helping enterprises stabilize jobs and promoting the resumption of work and production

(1) Implementing the policy of stabilizing jobs for enterprises. Small and medium-sized enterprises that do not lay off employees or lay off employees no higher than the control target of the national urban survey unemployment rate in the first half of 2020 will be given a refund of 50% of the actual unemployment insurance premiums paid in the previous year. For insured enterprises facing temporary production and operation difficulties but with hope of recovery, and adhering to the principle of not laying off employees or laying off fewer employees, the refund standard can be determined according to 50% of the social insurance premiums payable by the enterprise and its employees for 6 months. (Responsible units: Municipal Human Resources and Social Security Bureau, Municipal Finance Bureau)

(2) Deferring the payment of social insurance premiums. Small and medium-sized enterprises that are affected by the epidemic, face temporary production and operation difficulties, and are indeed unable to pay social insurance premiums in full, may, with the approval of the competent department, defer the payment of five social insurance premiums including pension, medical, unemployment, work injury, and maternity insurance, with a maximum deferral period of 6 months, and no late payment fees will be charged. After the deferral period expires, the enterprise shall fully pay the deferred social insurance premiums, which will not affect the insured persons from enjoying various social insurance benefits. (Responsible units: Municipal Human Resources and Social Security Bureau, Municipal Medical Insurance Bureau)

II. Reducing costs and burdens to help enterprises overcome difficulties together  

(3) Reducing and exempting taxes and fees for small and medium-sized enterprises. If an enterprise suffers major losses due to force majeure factors such as the epidemic, it may apply for reduction or exemption of property tax and urban land use tax for the current year in accordance with the relevant provisions of the "Administrative Measures of the State Taxation Administration of Guangxi Zhuang Autonomous Region on the Reduction and Exemption of Property Tax and Urban Land Use Tax" (Announcement No. 14 of the State Taxation Administration of Guangxi Zhuang Autonomous Region, 2019). (Responsible units: Nanning Municipal Taxation Bureau, Municipal Finance Bureau)

(4) Deferring the payment of taxes. Small and medium-sized enterprises that are unable to handle declarations on time due to the impact of the epidemic may handle deferred declarations in accordance with the law, and late payment fees for taxes will be exempted; enterprises that have difficulty in paying taxes on time due to the impact of the epidemic may apply for deferred payment of taxes in accordance with the law, with a maximum extension of 3 months, during which late payment fees for taxes will be exempted. (Responsible unit: Nanning Municipal Taxation Bureau)

(5) Giving rewards for enterprises' business contributions . In the first quarter of 2020, the amount of contribution of small and micro enterprises to the local economic development of Nanning City will be fully rewarded. (Responsible unit: Municipal Finance Bureau)

(6) Reducing or subsidizing rent for enterprises. Small and medium-sized enterprises that lease operating houses of state-owned assets in Nanning City (including counties, districts, and development zones) will be exempted from rent for February-March 2020 and have their rent halved for April-June. Small and medium-sized industrial enterprises that lease standard factory buildings of non-state-owned assets will be fully subsidized for rent in February-March 2020 and have their rent halved for April-June by the Municipal Bureau of Industry and Information Technology. Guide and encourage market operators such as parks, professional markets, complexes, and commercial buildings to reduce or exempt rent for small and medium-sized enterprises during the epidemic. For those who reduce or exempt rent for a total of more than 1 million yuan during February-June and the reduction ratio reaches more than 30% of the rent receivable, or those who reduce or exempt rent for a total of more than 500,000 yuan and the reduction ratio reaches more than 50%, the local counties, districts, and development zones will provide subsidies of no more than 15% of the total amount of rent exempted, and the maximum subsidy amount will not exceed 2 million yuan. The above policies will not be enjoyed repeatedly. (Responsible units: Municipal State-owned Assets Supervision and Administration Commission, Municipal Bureau of Industry and Information Technology, governments of counties and districts, management committees of development zones)

(7) Lowering the threshold for applying for technological transformation projects. For manufacturing technological transformation projects of production category that apply for the 2020 municipal-level technological transformation fund plan and are in the database, the application conditions for a single project will be adjusted from a fixed asset investment of more than 10 million yuan to a fixed asset investment of more than 5 million yuan. (Responsible unit: Municipal Bureau of Industry and Information Technology)

(8) Increasing scientific and technological support. Enterprises that have obtained project support from the Ministry of Science and Technology of the People's Republic of China and the Department of Science and Technology of the Autonomous Region for the 2020 emergency scientific and technological research on the prevention and control of pneumonia epidemic of novel coronavirus infection will be given 50% of the supporting amount of the supported project, with a maximum of 2 million yuan. Accepting enterprise science and technology innovation coupon applications and payment approvals from the date of issuance, completing payment within 10 working days, and providing a maximum of 200,000 yuan in subsidies to support innovation and entrepreneurship activities of small and medium-sized enterprises. (Responsible unit: Municipal Science and Technology Bureau)

III. Financing support to solve the problem of difficult and expensive financing for enterprises

(9) Providing loan interest subsidies to enterprises. For small and medium-sized enterprises that finance through financial institutions from February to the end of June 2020, a 50% subsidy will be given to the enterprise's loan interest, and the loan interest subsidy period will be from February to June 2020, with a maximum loan interest subsidy of no more than 500,000 yuan per enterprise. Medical supplies and disinfection supplies production enterprises will be given full interest subsidies for 2020, with a maximum loan interest subsidy of no more than 2 million yuan per enterprise. Implement the spirit of the Ministry of Finance's "Notice on Supporting Finance to Strengthen Services and Do a Good Job in the Prevention and Control of Pneumonia Epidemic of Novel Coronavirus Infection" (Caijin [2020] No. 3), and increase financial support for enterprises. (Responsible units: Municipal Bureau of Industry and Information Technology is responsible for industrial enterprises, Municipal Bureau of Agriculture and Rural Affairs is responsible for agricultural enterprises, Municipal Development and Reform Commission is responsible for other enterprises other than industry and agriculture, and Municipal Finance Bureau)

(10) Implementing compensation for financing and credit guarantee compensation. For financing guarantee institutions that guarantee small and medium-sized enterprises that are greatly affected by the epidemic, 30% of the actual guarantee compensation losses incurred due to guarantee business occurring from February to the end of June 2020 will be compensated, with a maximum of no more than 3 million yuan per guaranteed enterprise; all guarantee fees will be compensated. (Responsible units: Municipal Development and Reform Commission, Municipal Bureau of Industry and Information Technology, Municipal Bureau of Agriculture and Rural Affairs)

(11) Strengthening credit support for enterprises. Do not blindly withdraw, cut off, or reduce loans to small and medium-sized enterprises that are significantly affected by the epidemic but have good development prospects and are temporarily facing difficulties. Ensure that the credit balance of these enterprises does not decrease across all banking institutions. Provide new special credit loans with benchmark interest rates for enterprises supporting epidemic prevention and control, including those producing prevention and control materials, pharmaceutical products, medical devices (manufacturing and procurement), information technology support, product components, and transportation. Allow extensions or renewals for enterprises severely affected by the epidemic and facing difficulties in repaying debts when due. Encourage banking institutions to support enterprises in coping with the impact of the epidemic by appropriately lowering loan interest rates and increasing credit loans and medium- and long-term loans. (Responsible units: Municipal Financial Office, Nanning Central Branch of the People's Bank of China, Guangxi Banking and Insurance Regulatory Bureau)

(12) Give full play to the role of various policy-oriented financial institutions. Support the branches of the National Development Bank, Agricultural Development Bank, Export-Import Bank, and Export Credit Insurance Corporation in Nanning to increase service coordination efforts and fully meet the financing needs for epidemic prevention and control. Strive to include relevant enterprises on the list of key enterprises maintained by relevant departments such as the National Development and Reform Commission and the Ministry of Industry and Information Technology. Promote the National Development Bank and the Agricultural Development Bank to provide special emergency loans, reduce interest rates, and ensure that loan interest rates are lower than the loan market quoted interest rate level for the same period. For those included on the list of key enterprises by the National Development and Reform Commission, the Ministry of Industry and Information Technology, and other relevant departments, reduce rates by more than 30% on this basis. (Responsible units: Municipal Financial Office, Municipal Development and Reform Commission, Municipal Bureau of Industry and Information Technology, Nanning Central Branch of the People's Bank of China, Guangxi Banking and Insurance Regulatory Bureau)

(13) Improve the efficiency of financial services. Solicit loan demands from enterprises significantly affected by the epidemic, strengthen the connection of financing needs, and ensure banking institutions accurately match special financing services. Guide financial institutions to establish and launch rapid approval channels, reasonably adjust, simplify, or re-engineer business processes, and effectively improve business processing efficiency. For corporate credit applications involving epidemic prevention and control, financial institutions should handle them on a "case-by-case" basis, simplify procedures, open up green approval channels, and improve financing efficiency. Encourage financing guarantee institutions to provide differentiated financial services, lower access standards, increase quotas as appropriate, and reasonably postpone repayment deadlines, provided risks are controllable. Government-backed financing guarantee institutions and agricultural credit guarantee institutions should cancel counter-guarantee requirements. Leverage the advantages of emergency transfer loan business in our city and provide emergency financial support to epidemic-related enterprises. (Responsible units: Municipal Financial Office, Nanning Central Branch of the People's Bank of China, Guangxi Banking and Insurance Regulatory Bureau, Nanning Financial Group)

4. Implement precise policies and strengthen the implementation of policies benefiting enterprises.

(14) Establish a green channel for project approval. For newly launched projects producing epidemic prevention materials, intervene early, provide close service, review and approve them as they arrive, and scientifically approve them. Open a one-stop, informed commitment approval, and full-chain parallel approval green channel, and give priority to allocating resource-based indicators such as land use, water use, and electricity use. For enterprises restricted by qualification conditions but with the capacity to produce, handle special affairs in a special way: produce first, then go through procedures, and supplement documentation. (Responsible units: Municipal Administrative Approval Bureau, various industry competent departments, governments of various counties and districts, and management committees of development zones)

(15) Speed up the disbursement of funds. It is necessary to speed up the disbursement of enterprise subsidy funds. The responsible departments and financial departments should allocate funds in a timely manner to give full play to the benefits of financial subsidy funds as soon as possible and effectively help enterprises overcome difficulties. All budget-managing departments should establish a green channel for fund review, optimize the process, and organize enterprises to declare as soon as possible for the development funds of small and medium-sized enterprises that have clear policy standards, are implemented in specific enterprise projects, and are included in the annual budget, and speed up the fund review process. (Responsible units: Municipal Finance Bureau, various industry-managing departments, governments of various counties and districts, and management committees of development zones)

(16) Establish a support mechanism for enterprises to resume work and production. The competent departments of various industries should strengthen service and support to enterprises encountering difficulties during the epidemic period. They should use various service platforms, WeChat, hotlines, and other methods to coordinate and solve the difficulties and problems encountered by small and medium-sized enterprises in resuming work and production in a timely manner. For major matters, special research should be conducted in accordance with the principle of "one issue, one discussion." (Responsible units: competent departments of various industries)

This policy shall be implemented from the date of issuance, and the implementation period is tentatively scheduled to June 30, 2020. Small and medium-sized enterprises that encounter difficulties in production and operation shall comply with the "Standard Provisions for the Classification of Small and Medium-sized Enterprises" issued by the National Development and Reform Commission, the Ministry of Industry and Information Technology and other four ministries and commissions. If the state and autonomous region introduce relevant support policies, they shall be followed. This policy shall be interpreted by the Municipal Development and Reform Commission in conjunction with relevant departments.