Enterprises benefit from Baiyun's preferential economy policies

Enterprises in the jurisdiction of Baiyun district, Guiyang, capital of Southwest China's Guizhou province, have benefited from the district's measures to help them solve operating difficulties.

As of June 14, resident enterprises have successfully obtained various subsidies valued at 30.11 ($4.52 million) million yuan.

This includes 276.44 million yuan awarded as part of the policy to increase production and efficiency, 2.29 million yuan awarded as part of the working capital loan interest discount policy, and 180,000 yuan to encourage industrial enterprises to maintain normal production during the Spring Festival holiday.

Meanwhile, due to the implementation of national tax deduction and exemption policies, Baiyun has refunded 221.20 million yuan in existing tax credits to enterprises in manufacturing and other industries, and implemented a pre-tax deduction of 1.40 million yuan for the education expenses of enterprise employees.

Another 40.19 million yuan in deferred taxes has been handled for resident enterprises, and 10 export enterprises were granted 58.32 million yuan in tax rebates.