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Guangdong issued ten measures to reduce manufacturing costs and help enterprises reduce their burdens

Guangdong issued ten measures to reduce manufacturing costs and help enterprises reduce their burdens. Support financial institutions to carry out small and micro enterprises to renew loans without principal repayment. implement the policy of pre-tax deduction of R&D expenses of manufacturing enterprises, and reduce the cost of medical insurance for enterprises. By the end of 2025, the province's 7 large-scale industrial agglomeration areas, major industrial platforms for the main platfo...
Yang Chaolu Zhuhai Hengqin Development Of Manufacturing Industry Daily News Guangdong Provincial People Guangdong Province

(Economic Watch) China's financial data picked up in August Credit momentum remained strong after short-term fluctuations

China's broad money (M8) balance grew 2.10% year-on-year at the end of August, remaining at a high level. In the first eight months of this year, RMB loans increased by 6.8 trillion yuan, an increase of 17.44 trillion yuan year- on-year. Many private small and micro enterprises are still lacking in vitality after successfully crossing the "life and death" of the epidemic. The internal vitality of these enterprises is key to China's economic recovery.
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