Many places are implementing support policies, including rent reduction and property tax concessions.

On March 28th, the State Council Joint Prevention and Control Mechanism held a press conference to introduce the work of restoring commodity circulation and commercial order.

According to the new media report of Viewpoint Real Estate, Wang Shiyu, deputy director of the Policy and Regulation Department of State Taxation Administration of The People's Republic of China, said that the policy in this respect has actually been introduced. In order to better help enterprises cope with the impact of the epidemic and let enterprises resume production development as soon as possible, we have carried out relevant special investigations. Many entrepreneurs and individual owners report that rigid expenditures such as rent are relatively large expenditures at present, and there is a high demand for rent reduction.

He pointed out that on February 25, all localities were encouraged to support lessors to reduce or exempt the property rent of individual industrial and commercial households by reducing or exempting urban land use tax. According to the spirit of the the State Council executive meeting, most provinces, autonomous regions and municipalities directly under the Central Government have issued relevant policies to reduce or exempt lessor's property tax and urban land use tax.

In the way of tax reduction and exemption, it has also been simplified in the principle of being as convenient as possible for taxpayers. Through the implementation of tax incentives such as property tax reduction and exemption, urban land use tax reduction and exemption, the tax burden of lessors can be effectively reduced, and they are encouraged to take the initiative to reduce rent and reduce the burden on these taxpayers.

In addition, Wang Bin, head of the Consumption Promotion Department of the Ministry of Commerce, introduced in the subsequent support policies that a series of support policies and measures have been introduced in various places, such as Jiangsu, Zhejiang, Shandong, Beijing, Shanghai, Tianjin, Hubei and other places. Property tax and urban land use tax are reduced or exempted for difficult industries and small and micro enterprises, rent is exempted for small and medium-sized enterprises that lease state-owned real estate, and sewage treatment fees and urban road occupation tax are exempted for small and medium-sized enterprises and individual industrial and commercial households.