Finance plus zero one. Essence｜Tian Beichen points out that G2000 business has fallen by 50% and denounces officials not understanding social operations

Political situation

Written by: Wu Zhuoan

2020-09-10 19:30

Last update date: 2020-09-10 19:30

The new crown pneumonia epidemic has lasted for more than nine months. After three waves of pneumonia epidemics, coupled with turbulent internal and external political factors, Hong Kong's economy can be described as suffering from hard work and seven injuries, and the business sector, especially small, medium and micro enterprises, are complaining.

The "Hong Kong 01" program "Finance Plus One" today (9th) invited Tian Beichen, a member of the legislative council of the actual political round table and representative of the People's Congress of the Hong Kong District, to accept an interview, revealing that the business volume of the chain fashion brand he founded was greatly affected by the epidemic. The business volume in August fell by 50% year-on-year.

Tian Beichen pointed out that rents in the retail catering industry account for nearly 30 to 40% of the overall expenditure, but the government has always refused to take action to reduce the tax burden on merchants. He said bluntly: "The government has the Economic Development Bureau (the Bureau of Commerce and Economic Development), but I don’t know. The operation of retail, (officials) don’t know it! I can speak better than you, the official (official) knows no one knows about retail and catering."

Tian Beichen has repeatedly suggested that the government introduce a triple tax credit. If the landlord is willing to reduce rent, the profits tax can be tripled.

Tian lamented that the government "will not die" to accept his proposal.

(Photo by Ou Jiale)

Take the government's ban on dine-in during the day as an example: how to apply the policy 100% to the place

Tian Beichen revealed in an interview with "Finance Plus Zero One" that the business of its chain of fashion brands has been greatly affected by the epidemic. In February this year, its sales fell by 70% year-on-year, and its sales in March dropped by 80% year-on-year. Monthly business volume rebounded, falling by 50% year-on-year.

Tian Beichen has repeatedly suggested that the government introduce a triple tax credit. If the landlord is willing to reduce rent, the profits tax can be tripled.

Tian lamented that the government "does not die" to accept his proposal. He questioned officials countless times on issues in the Legislative Council and on different occasions. The government was unable to provide a reasonable explanation at all. mouth".

Tian also cited the government’s ban on dine-in during the day as an example. After the ban, the society "dismantles the sky." The Director of the Bureau of Labor and Welfare, Luo Zhiguangfang, admitted that he had never considered outdoor workers. "He thought everyone went to work in office buildings. , There is an office desk. Under this circumstance, how can it be possible to post questions and reach the place 100% of the policy."

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