Employment and people’s livelihood are the top priority under the epidemic. More than a month after the implementation of the retention tax rebate, the central government issued another document to speed up the progress of the retention tax rebate and ensure that the large-scale retention tax rebate policy was basically implemented in the first half of the year, so as to achieve the purpose of relieving the difficulties for the majority of market subjects, so as to ensure employment and people’s livelihood.
Food security is the foundation of our country. In the three months since the central government issued a document, many provinces have successively issued preferential tax policies for commodity reserves. In the future, there will be more policy documents around the protection of basic grain, cultivated land, production and reserves.
Through some data of key indicators, it can be found that there is still some gap from the economic situation in 2020, and the conditions for issuing special treasury bonds may not be touched for the time being.
If the global international situation changes or covid-19 epidemic repeats, resulting in a further increase in the impact on economic operation, incremental policies such as special national debt may be worth looking forward to.
Risk prompt event: 1. Risk of policy change. 2. Risk of epidemic change.
