CBN丨Small businesses impacted by pandemic to get more help in easing rent, tax burdens

In 2022, small and micro-sized service enterprises and individual businesses that are located in the medium and high risk areas of the epidemic who rent property from centrally-administered state-owned enterprises (SOEs) will be exempted from rent for six months in the year, with rent in other areas reduced for three months, according to a circular issued on Monday by China's state-asset regulator - the State-owned Assets Supervision and Administration Commission (SASAC).

 

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