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【Minutes of the National Economy Large Cap Television Conference】
Main objectives: Achieve positive growth in the second quarter, achieve a decrease in the second quarter unemployment rate
Other key information:
1. Large coal mines resume production quickly, simplifying approval procedures;
2. We need to focus on food security and the impact of the rebound in pork prices.
3. The reduction and exemption of three trillion yuan in taxes and fees (tax refunds, deferred social security, etc.), more industries will fully offset tax refunds for both existing and incremental amounts, increasing tax refunds by over 140 billion yuan, with a total annual reduction and exemption of 2.64 trillion yuan, whereas the government work report mentioned 2.5 trillion. The policy of deferring retirement and other social security fees for small, medium, and micro-enterprises, individual industrial and commercial households, and five severely distressed industries has been extended until the end of the year, and expanded to other severely distressed industries, with an expected deferral of 32 billion yuan this year.
4. The government will spare no effort to ensure employment.
6) Hydroelectric investment increased by 30%.
7) Restart a batch of energy projects. Including nuclear power, hydropower, ultra high pressure, large-scale wind and solar bases, coal power, etc. Other measures have been introduced, including general assembly decisions, inclusive loans for small and micro enterprises, loan payment deferrals, autos, real estate, infrastructure, etc. Details can be found by watching the evening news broadcast.
(Full text information available, too long to include here).
$Fujian Yongfu Power Engineering (300712.SZ)$ $Jiangxi Tianli Technology, INC. (300399.SZ)$ $Beijing Zuojiang Technology (300799.SZ)$
Main objectives: Achieve positive growth in the second quarter, achieve a decrease in the second quarter unemployment rate
Other key information:
1. Large coal mines resume production quickly, simplifying approval procedures;
2. We need to focus on food security and the impact of the rebound in pork prices.
3. The reduction and exemption of three trillion yuan in taxes and fees (tax refunds, deferred social security, etc.), more industries will fully offset tax refunds for both existing and incremental amounts, increasing tax refunds by over 140 billion yuan, with a total annual reduction and exemption of 2.64 trillion yuan, whereas the government work report mentioned 2.5 trillion. The policy of deferring retirement and other social security fees for small, medium, and micro-enterprises, individual industrial and commercial households, and five severely distressed industries has been extended until the end of the year, and expanded to other severely distressed industries, with an expected deferral of 32 billion yuan this year.
4. The government will spare no effort to ensure employment.
6) Hydroelectric investment increased by 30%.
7) Restart a batch of energy projects. Including nuclear power, hydropower, ultra high pressure, large-scale wind and solar bases, coal power, etc. Other measures have been introduced, including general assembly decisions, inclusive loans for small and micro enterprises, loan payment deferrals, autos, real estate, infrastructure, etc. Details can be found by watching the evening news broadcast.
(Full text information available, too long to include here).
$Fujian Yongfu Power Engineering (300712.SZ)$ $Jiangxi Tianli Technology, INC. (300399.SZ)$ $Beijing Zuojiang Technology (300799.SZ)$
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