Zhejiang lawmakers, political advisors discuss business-friendly policies
East China's Zhejiang province is holding its "two sessions", which refer to the sixth session of the 13th Zhejiang Provincial People's Congress and the fifth session of the 12th Zhejiang Provincial Committee of the CPPCC, in the provincial capital of Hangzhou this week.
Deputies to the congress and members of the CPPCC Zhejiang committee who are entrepreneurs or economists have been particularly impressed by two achievements listed in the provincial government report delivered on Jan 17 at the annual session of the Zhejiang Provincial People's Congress: Zhejiang authorities relieved enterprises of 250 billion yuan ($39.4 billion) in taxation and fees in 2021, and the exempted amount would increase to 300 billion yuan in 2022.
Two deputies to the congress, Zhou Zhijiang and Wu Changhong, as well as two members of the CPPCC Zhejiang committee, Yao Lijun and Guo Xingang, shared their views on Zhejiang's business-friendly policies at the two sessions.
Zhou Zhijiang, chairman of Jiuli Group, is a deputy to the sixth session of the 13th Zhejiang Provincial People's Congress. [Photo/zj.zjol.com.cn]
Zhou, chairman of the Huzhou-based Jiuli Group, said that Jiuli had recruited 85 college-educated employees, including two doctorate degree holders, last year. In addition, all these employees received generous housing subsidies from the local government - 300,000 yuan for doctorate degree holders and 150,000 yuan for bachelor's degree holders.
Wu Changhong, chairman of Shuanghuan Co, is a deputy to the sixth session of the 13th Zhejiang Provincial People's Congress. [Photo/zj.zjol.com.cn]
Wu, chairman of Shuanghuan Co, said that Shuanghuan has been inspired by the improving business environment for manufacturers in recent years, and the company saved up to 50 million yuan in taxation and fees and received millions of yuan in government subsidies for talent recruitment last year.
Yao Lijun, chairman and chief technology officer of Konfoong Materials International Co, is a member of the CPPCC Zhejiang committee. [Photo/zj.zjol.com.cn]
Yao, chairman and chief technology officer of Konfoong Materials International Co, noted that Zhejiang authorities have been particularly supportive of the development of high-end manufacturing and had rolled out a raft of measures to foster leading manufacturers in the global arena.
Guo Xingang, director of Zhejiang Financial Development Promotion Association,is a member of the CPPCC Zhejiang committee. [Photo/zj.zjol.com.cn]
Guo Xingang, director of the Zhejiang Financial Development Promotion Association, believes that commercial banks' stronger financial support for companies, particularly in the form of credit loans with longer term and higher availability, played a significant role in helping Zhejiang achieve record high exports last year.
January 25, 2022
January 25, 2022