Local Policies: Focus On The Introduction Of Favorable Policies For Textile And Clothing Enterprises

Entering the "14th Five Year Plan", the textile industry has further established a new image in the transformation and upgrading, and the healthy development of the industry has received further attention from the state and society. Recently, relevant policies and plans have been issued all over the country, which clearly defined a number of measures to promote the steady progress and high-quality development of the textile and clothing industry. Enterprises in the textile and clothing industry must seize a new round of development opportunities based on their own reality.

Zhejiang Printing and Issuing Implementation Opinions

Promote high-quality development of Zhejiang textile industry

The Zhejiang Provincial Department of Economy and Information Technology recently issued the Implementation Opinions on Promoting the High Quality Development of Zhejiang's Textile Industry.

The Opinions put forward that by 2025, enterprises above designated size in Zhejiang's textile industry will achieve an operating revenue of more than 1.2 trillion yuan, consolidate their leading position in key areas such as chemical fiber, printing and dyeing, and clothing, continue to improve the quality and efficiency of traditional competitive industries such as high-end wool (cashmere) and silk, and achieve breakthrough and leadership in strategic emerging industries such as industrial textiles, The leading edge in the global textile industry network has been further strengthened, and efforts have been made to build Zhejiang into an advanced manufacturing place for textile industry to export digital transformation achievements, a leading demonstration place for promoting common prosperity and high-quality employment, a resource cluster for gathering high-end elements of the global textile industry, and an innovation source for leading the domestic textile industry to participate in international competition in depth, A gathering place of brands with the right to speak fashion.

Guangxi Issued 28 Measures

Consolidate the momentum of recovery and boost the industrial economy

Recently, the Guangxi Zhuang Autonomous Region issued the Policies and Measures on Consolidating the Rising Momentum and Strengthening the Industrial Economy, including consolidating the foundation for the growth of the industrial economy, accelerating the transformation and upgrading of the manufacturing industry, strengthening the stable development of key industries, promoting the coordinated development of the regional industrial economy, cultivating and strengthening high-quality enterprises, and optimizing the enterprise development environment 28 measures in seven aspects, including safeguard measures. The policy measures will be implemented from January 1, 2023, and will be valid for one year.

The Measures clearly encourage industrial enterprises to increase production scheduling in 2023 on the premise of keeping the bottom line of epidemic prevention and control and safe production.

Manufacturing enterprises among the top 500 enterprises in the region in terms of output value, and industrial leading enterprises recognized by the Department of Industry and Information Technology of the autonomous region in the first, second, third and fourth quarters of 2023, whose total industrial output value exceeds 200 million yuan and the cumulative growth rate is not less than 12%; For the "little giant" enterprises and single champion enterprises recognized by the Ministry of Industry and Information Technology that specialize, specialize, specialize, and innovate in the first, second, third, and fourth quarters of 2023, if the total industrial output value exceeds 50 million yuan and the cumulative growth rate is not less than 12%, they will be rewarded at a rate of not more than 1% of the year-on-year growth of the output value of the quarter. The maximum reward for each enterprise in the whole year will not exceed 5 million yuan.

In addition, industrial enterprises are encouraged to expand their exports through the China Europe Railway Express, and manufacturing enterprises above designated size that export through the China Europe Railway Express will be given subsidies based on the total industrial output and growth rate in 2023, up to a maximum of 2 million yuan.

Jiangxi provincial industrial cluster revenue is expected to exceed 3.5 trillion yuan

In recent years, the Department of Industry and Information Technology of Jiangxi Province has insisted on taking industrial clusters as the core driving force for industrial development, deeply implemented the strategy of strengthening the province by industry, vigorously implemented the plan of upgrading the capacity of industrial clusters, promoted the concentration of resources and the promotion of excellence throughout the province to accelerate the growth of the first industry and leading industry, and guided each city to focus on cultivating 2-3 industrial clusters, Each county and city shall focus on the development of 1-2 industrial clusters.

At the same time, we should focus on the cultivation goal of industrial clusters, innovate policies and measures, improve governance mechanisms, accelerate the establishment of national, provincial and municipal industrial cluster development echelons, and build an industrial cluster system with optimized layout, coordinated structure, perfect chain and strong competitiveness. Up to now, the province has cultivated 124 provincial (including cultivation and characteristics) industrial clusters, and it is estimated that the provincial industrial clusters will achieve an operating income of more than 3.5 trillion yuan in 2022.

Guangdong Holds High Quality Development Conference

Fully promote the implementation of effective investment

On the first working day of the Year of the Rabbit, the Guangdong Provincial Party Committee and the Guangdong Provincial Government held the provincial high-quality development conference. This is the first meeting held by the CPC Guangdong Provincial Committee and the Guangdong Provincial Government at the beginning of the 2023 New Year, and it is also the largest meeting held by Guangdong Province in recent years.

The number of participants in the main venue of the conference reached 1000, including more than 500 enterprises. At the same time, the conference was held in the form of live video to cities, counties (cities, districts) throughout the province, with 25000 people attending the sub venues.

The conference focused on the construction of key projects and major platforms, and made every effort to promote the implementation of effective investment; Take the real economy as the foundation, adhere to the leadership of the manufacturing industry, and strive to build a strong manufacturing province; Accelerate the implementation of innovation driven development strategy to achieve self-reliance and self-improvement in high-level science and technology; Deeply implement the "high-quality development project of 100 counties, 1000 towns and 10000 villages", comprehensively promote rural revitalization, and solve the problem of unbalanced development between urban and rural areas; Give play to the role of financial "living water" to enable high-quality development of the real economy; Adhere to the "Five Foreign Linkages" and constantly create a new pattern of opening up; Deepen the reform of decentralization, management and service, and strive to create a first-class business environment; Promote the steady and healthy development of the real estate industry and other topics, and explore the path of Chinese modernization in Guangdong with high-quality development step by step.

Discussion on "No.1 Document" of Jiangsu Province

Several Policies and Measures on Promoting Economic Operation to Take the Lead in Overall Improvement

Recently, the "No. 1 Document" of Jiangsu Province in 2023 was popular online. The Several Policies and Measures for Promoting the First Overall Improvement of Economic Operation issued by the Jiangsu Provincial Government include many practical measures to improve social psychological expectations and boost confidence in development.

Eligible taxpayers are exempt from VAT

The "No. 1 Document" pointed out that we should continue to increase financial and tax support. From January 1, 2023 to December 31, 2023, small-scale VAT taxpayers with monthly sales of less than 100000 yuan (inclusive) will be exempt from VAT. Exemption from value-added tax on eligible technology business incubators, university science parks and maker space incubation services, and exemption from property tax and urban land use tax on property and land for their own use and provided to incubators. If qualified venture capital enterprises and angel investors invest in start-ups, 70% of the investment amount will be deducted from the taxable income.

The "No. 1 Document" shows that the special fund for transformation and upgrading of Jiangsu's industry and information industry is 1.2 billion yuan, which supports industrial enterprises to carry out free diagnosis, high-end transformation and upgrading, intelligent manufacturing and industrial Internet benchmarking and integrated application innovation projects, promote small and medium-sized enterprises to use the cloud platform, and accelerate the intelligent transformation and digital transformation of the manufacturing industry. A special fund of 950 million yuan was allocated for the development of strategic emerging industries in the province. Focusing on the industrial system determined in the strategic emerging industry development plan of the province during the 14th Five Year Plan period, a combination of quota subsidies and allocation to investment was adopted to support the development of strategic emerging industry integration clusters.

Support the listing and listing of "specialized, special and new" enterprises

According to the "No. 1 Document", Jiangsu Province will set up a special fund loan of 10 billion yuan for the rescue of small and medium-sized enterprises to increase production and efficiency. The provincial finance will arrange a discount fund of 100 million yuan from the special fund for inclusive financial development to support the rescue development of small and medium-sized enterprises and increase production and efficiency. Rely on the accounts receivable financing service platform of the People's Bank of China to provide financing support for small and medium-sized enterprises in the upstream and downstream of the supply chain.

Give full play to the role of the provincial comprehensive financial service platform and the provincial enterprise credit service platform, and strive to promote banking institutions to invest 250 billion yuan in credit loans for small and medium-sized micro enterprises relying on enterprise credit. The provincial finance will give appropriate awards and subsidies to the service platform, and the People's Bank of China Nanjing Branch will give a certain preference to relevant financial institutions in terms of refinancing and rediscount policies. We will support eligible corporate banking institutions to issue perpetual bonds, secondary capital bonds, and special financial bonds such as small and micro businesses and entrepreneurship and innovation to supplement capital and medium and long-term funds, ease loan capital constraints, and improve credit supply capacity.

The document pointed out that the central discount interest funds and the provincial special funds should be used as a whole, the discount interest policy for equipment purchase and renovation loans should be implemented, and 2.5 percentage points of discount interest should be given to eligible projects, with a term of 2 years. We will implement policies to support the upgrading and upgrading of equipment in manufacturing, service, social service, small and medium-sized enterprises, self-employed businesses, and other industries. We will support banks in the province to actively lend medium and long-term loans at a more favorable interest rate. We will focus on supporting market-oriented social investment, especially private investment projects, and guide capital investment in scientific and technological innovation Key areas and key links such as the integrated development of advanced manufacturing industry and modern service industry.

It was also mentioned in the document that financial institutions in the banking industry should be supported to increase bill financing support, simplify and optimize discount procedures and reduce discount interest rates for enterprises in catering, retail, cultural tourism (including movies), transportation logistics, elderly care services and other industries that are greatly affected by the epidemic. Support banking institutions to transmit the reduction of refinancing interest rate and LPR to the loan interest rate, and reasonably reduce the loan interest rate of SMEs.

It is worth noting that the "No. 1 Document" points out that we should give full play to the advantages of the green channel review mechanism of the regional equity market and the national stock transfer system, and the direct link mechanism between the national stock transfer system and the Beijing Stock Exchange, and support the listing and listing of qualified "specialized, special and new" enterprises.