Greater Bay Area

Guangzhou Huangpu Issued "15 Credit Rules" to Reduce Operating Costs of Manufacturing Enterprises and Enable Enterprises to Cash in Credit Dividends

2023-03-22   

Credit is the "cornerstone" of market economy. On March 21, Huangpu District and Guangzhou Development Zone of Guangzhou City took the lead in releasing "Several Measures for the High Quality Development of Credit Service Real Economy in Huangpu District and Guangzhou Development Zone" (hereinafter referred to as "Credit 15"), providing more discounts and convenience for high-quality credit enterprises in the zone, and creating a credible business environment of "knowing, using, and keeping faith". The "15 Credit Terms" released this time are aimed at honest enterprises such as public credit rating A grade enterprises, A grade taxpayers, and customs AEO advanced certification enterprises. The introduction of 15 innovative incentive policies such as Xinyi Approval, Xinyi Exchange, and Xinyi Loan will greatly reduce the operating costs of manufacturing enterprises. AEO Advanced Certification Enterprise is the enterprise with the highest credit rating among foreign trade enterprises. Taking the AEO service of Xinyi as an example, this incentive policy will optimize the customs clearance and inspection process for honest enterprises, accelerate the efficiency of empty container inspection, and reduce the inspection proportion according to law. Currently, there are more than 10000 enterprises with a credit rating of A, taxpayers with a credit rating of A, and senior customs certification enterprises in Huangpu District, including high-tech enterprises and various outstanding small and medium-sized enterprises. Xiao Yingyue, Chief Economist of the Huangpu District Development and Reform Bureau, said that the "15 Credit Rules" linked 19 departments in the district, including market supervision, finance, taxation, and customs. In five areas, including administrative approval, policy implementation, trust preparation, financing risk compensation, and hierarchical and classified supervision, targeted government and market related incentive measures were introduced, involving administrative approval, financial support, project preparation, market supervision, and financing guarantee AEO certification, taxation, household entry, employment, bank loans, parking, property management fees, property rental deposits, insurance premiums, and other aspects. How to cash the credit dividends of honest enterprises? In terms of talent services, "Credit 15" provides enterprises with preferential policies for the cultivation and recruitment of skilled talents through measures such as "trust industry" and "trust households". For example, credit enterprises are prioritized as key enterprises in school-enterprise cooperation with technical colleges to carry out internship and employment recommendations, and resources are given preference for enterprise talents to enter Huangpu; In terms of "credit+financing services", through the measures of "Xinyi Loan" and "Xinyi Guarantee", we will give priority to recommending honest enterprises to banks, encourage banks to develop financing products suitable for their risk characteristics, and provide preferential policies such as loan interest rates and business processing. We will include honest enterprises in the government financing risk compensation pool enterprise pool, and give priority to providing financing guarantees; In the area of "credit+leasing services", property owners or park operation and management organizations are encouraged to reduce rents for factories, office equipment, properties, etc., exempt property management fees for a certain period of time, and reduce lease deposits for honest enterprises, allowing enterprises to "realize" their credit to a certain extent and achieve their credit value. (Liao Xinshe)

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