Lately, the 11th CPPCC Nanning Municipal Committee held the 10th bimonthly negotiation symposium themed on "Reduce the Cost of Real Economy Enterprises".
On behalf of the special research group of the committee, Chen Shiping, Vice President of the CPPCC Nanning Municipal Committee delivered a research report on reducing the cost of real economy enterprises. In the report, Mr. Chen put forward the opinions and suggestions for difficulties and problems occurred during reducing the cost of real economy enterprises of Nanning, including implementing favorable investment policies and industrial support policies, sorting out capital transactions to reduce fund-raising cost, and improving social security system to reduce labor cost. Other members of the committee such as Lu Qiuling, Huang Yuyan and Chen Zhengpei also gave their suggestions in this regard from the perspectives of institutional transaction cost, tax burden of enterprises, financial cost and so on. Their suggestions received active response from comrades of Nanning Municipal Development and Reform Commission, Nanning Municipal Industry and Information Technology Committee and Nanning Municipal Finance Bureau.