Recently, it was learned from the Nanning Municipal Development and Reform Commission that Nanning has interpreted the "Nanning's Several Measures and Policies for Supporting Small and Medium-sized Enterprises to Maintain Stable Development in Response to COVID-19" (hereinafter referred to as "Several Measures").
1. Interpretation of the implementation of the policy for enterprise's steady employment and policy for relaxing the standard of layoff rate for the application of unemployment insurance return: the implementation of the policy for enterprise's steady employment is the extension of the unemployment insurance policy on supporting enterprises in stabilizing employment that was stipulated in the “Notice on Implementing the Work of Unemployment Insurance to Support the Enterprise in Stabilizing Employment” (GRSF  No. 27) issued by the Department of Human Resources and Social Security, the Department of Finance, the Development and Reform Commission as well as the Department of Industry and Information Technology of Guangxi Zhuang Autonomous Region; however, it has relaxed the standard of layoff rate for small and medium-sized enterprises to apply for unemployment insurance return in the first half of 2020, that is, the standard will change from "lower than the national urban registered layoff rate of the previous year" to "no higher than the national urban survey unemployment rate control target of the previous year". Except for small and medium-sized enterprises, other large enterprises will still comply with the layoff rate standard stipulated in GRSF  No. 27. Besides, the policy in respect of "for insured companies that face temporary difficulties in production and operation but are expected to recover and insist on non-layoffs or fewer layoffs, the return rate can be determined based on the standard of 50% of 6-month social insurance premiums payable by companies and their employees" will be implemented after the autonomous region issues specific rules. If there are new regulations from the state and the autonomous region regarding the unemployment insurance policy on supporting enterprises in stabilizing employment in 2020, the new regulations shall prevail.