The Provincial Market Supervision Bureau and 13 other departments jointly issued the "Several Measures to Support the Development of Individual Industrial and Commercial Households"

Recently, the Market Supervision Administration of Shandong Province and 13 other departments jointly issued the "Several Measures to Support the Development of Individual Industrial and Commercial Households".

Individual industrial and commercial households are the "capillaries" of the industrial chain and supply chain, as well as the "nerve endings" of the market. They are the most direct service providers for people's lives and are related to the livelihood of thousands of households. The "Several Measures to Support the Development of Individual Industrial and Commercial Households" in Shandong Province is an important institutional arrangement for deeply studying and implementing the spirit of the 20th National Congress of the Communist Party of China, comprehensively implementing the decision-making and deployment of the Party Central Committee and the State Council on "six stabilizations" and "six guarantees", as well as the work requirements of the Provincial Party Committee and the Provincial Government. It is of great significance in helping individual industrial and commercial households in the province to overcome difficulties and develop smoothly, and promoting Shandong's economic construction to be at the forefront.

The "Several Measures to Support the Development of Individual Industrial and Commercial Households" in Shandong Province is divided into five parts and 26 articles. The main content includes: firstly, reducing the operating costs of individual businesses. It includes five measures, including "reducing the" six taxes and two fees ", implementing the policy of refunding value-added tax credits, implementing the policy of deferring social insurance premiums, promoting fee reductions and exemptions, and implementing the system of individual industrial and commercial households closing down". The second is to increase financial support for individual businesses. It includes five measures, including expanding credit scale, increasing support for entrepreneurial guarantee loans with interest subsidies, strengthening financing extension and relief, continuously reducing financing costs, and optimizing insurance products and services. The third is to assist individual businesses in enhancing their market competitiveness. It includes five measures, including strengthening vocational skills training, accelerating the development of online business models, improving quality management level, enhancing the ability to use intellectual property, and promoting the transformation and upgrading of individual businesses. The fourth is to further optimize the business environment. It includes six measures, including optimizing the registration of individual business operators, providing public legal services, optimizing credit supervision, strengthening the supervision of enterprise related fee behaviors, increasing the enforcement of fair competition, and implementing inclusive and prudent supervision. The fifth is to strengthen safeguard measures. It includes five measures, including strengthening the guidance of Party building, forming a working force, leveraging the service role of individual associations, strengthening the monitoring of individual business development, and enhancing policy publicity.

Currently, there are over 9.5 million individual industrial and commercial households in Shandong Province, accounting for 67% of the total market entities and driving employment for more than 30 million people. The implementation of the "Several Measures to Support the Development of Individual Industrial and Commercial Households" in Shandong Province will undoubtedly promote the better performance of government functions, alleviate the prominent difficulties faced by individual industrial and commercial households in their development, and effectively promote their healthy development.

Information source: Shandong Provincial Administration for Market Regulation