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The 13th National People's Congress begins its second session at the Great Hall of the People in Beijing on March 5. [Photo by Xu Jingxing/chinadaily.com.cn]
Seven Zhanjiang deputies to the second session of the 13th National People's Congress saw positive signals and development opportunities in the 2019 Government Work Report delivered on March 5.
According to the report, the Chinese government will make tax cuts a top priority. The value-added tax rate for the manufacturing industry will be lowered from 16 percent to 13 percent, and the rate for transportation and construction industries will be cut from 10 percent to 9 percent.
These tax reduction measures are crucial to invigorating the domestic market and easing burdens on enterprises. Zhanjiang is now committed to developing its real economy, and the new measures are expected to bring more investment into the southern Chinese city, said Jiang Jianjun, mayor of Zhanjiang.
Seven Zhanjiang deputies to the second session of the 13th National People's Congress pose for a group photo in front of the Great Hall of the People. [Photo by Wang Hui/Zhanjiang Daily]
Lin Shuiqi, president of Guangdong Jinling Group, spoke highly of support measures targeting private enterprises, especially small and micro-sized enterprises. In addition to the tax cut, the report also proposed reducing required social insurance contributions for enterprises, which would help them save on labor costs.
Ning Ling, head of the Development and Planning Department of Guangdong Ocean University, was impressed with the way the nation valued talents. He said that talents are creators, and giving respect and trust to innovative talents will help stimulate scientific and technological development.
Wu Xiang, an official from the Zhanjiang Power Supply Bureau, found the measures related to livelihood, education, and employment inspiring and hoped that they would be implemented as soon as possible.