Page 8 - REPORT ON THE IMPLEMENTATION OF THE 2020 PLAN FOR NATIONAL ECONOMIC AND SOCIAL DEVELOPMENT AND ON THE 2021 DRAFT PLAN FOR NATIONAL ECONOMIC AND SOCIAL DEVELOPMENT
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enterprises,  to  address  prominent  problems  in  the  distribution  of  fresh
                                      agricultural  products  that  are  hindering  the  development  of  enterprises  and
                                      private enterprises in particular.
                                     Electricity costs for enterprises: We published the Notice on Implementing
                                      Two-Part  Tariff  in  Electricity  to  Reduce  Enterprise  Electricity  Costs  during
                                      Epidemic  Prevention  and  Control,  as  well  as  the  Notice  on  Temporarily
                                      Reducing Enterprise Electricity Costs to Support the Resumption of Work and
                                      Production, which mandated the implementation of two-part tariff in electricity
                                      before June 30, 2020; and a 5% cut in the price of electricity for all industrial and
                                      commercial  users,  with  the  exception  of  energy  intensive  businesses,  from
                                      February 1 to June 30, followed by an extension of this policy to the end of
                                      2020.
                                     Gas costs for enterprises: We published the Notice on Temporarily Reducing
                                      Non-Household  Gas  Costs  to  Support  the  Resumption  of  Work  and
                                      Production,  which  required  that  from  February  22  to  June  30,  when  the
                                      government-set price on non-household gas was applied, upstream gas suppliers
                                      must lower their prices so that they were essentially in accordance with the city
                  Time-limited        gate  price;  more  preferential  gas  prices  were  offered  to  agriculture-related
                    Policies to       industries seriously affected by Covid-19 such as chemical fertilizer businesses.
                  Reduce Costs        Upstream gas suppliers and downstream gas users were encouraged to negotiate
                                      lower gas prices when pricing controls over gas were lifted. These measures have
                                      saved enterprises over eight billion yuan in gas costs.
                                     Transportation  costs:  We  lowered  airport  charges  and  air  traffic  control
                                      charges  during  the epidemic;  temporarily exempted  airlines  from payments  to
                                      the civil aviation development fund; temporarily reduced or eliminated tolls on
                                      highways; lowered, or eliminated port-related fees and fund contributions; and
                                      halved charges for railway freight value-insured transportation, demurrage, and
                                      truck detention fees.
                                     Charges  for  credit  investigation  services:  We  published  the  Notice  on
                                      Temporarily  Reducing  or  Exempting  Charges  for  Certain  Credit  Investigation
                                      Services, as well as the Notice on Extending the Policy for Temporarily Reducing
                                      or Exempting Charges for Certain Credit Investigation Services, which required
                                      business-related charges for certain credit investigation services be lowered or
                                      waived from March 1 to the end of 2020.
                                     We issued the Notice on Temporarily Reducing or Waiving Enterprises’ Social
                   Policies for       Insurance  Premiums,  the  Guidelines  on  Temporarily  Reducing  Enterprise
                    Reducing,
                 Exempting, and       Payments  to  Basic  Medical  Insurance  for  Urban  Workers,  and  the  Notice  on
                                      Extending the Policy for Temporarily Reducing or Waiving Enterprises’ Social
                   Postponing         Insurance Premiums.
                   Payment of
                 Social Insurance      In  2020,  a  total  of  1.7  trillion  yuan  in  payments  to  basic  old-age  insurance,
                                      unemployment insurance, and workers’ compensation schemes were reduced or
                    Premiums
                                      waived for enterprises.

                     3) The expectations of  market entities remained stable and positive.
                     We  promptly  put  in  place  and  constantly  improved  nationwide  epidemic
                information-sharing mechanisms, released  authoritative  epidemic  information in  an accurate
                and transparent manner, and effectively ensured the continuation of normal production and
                daily life activities.
                     We gave full play to the role of macro-policy coordination mechanisms and consultation
                mechanisms between major provinces and cities in order to ensure stability on the six fronts
                and  security  in  the  six  areas.  Policy  coordination  between  central  and  local  authorities  and



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