In 2022, the Jingmen epidemic rent reduction policy was to reduce those three months.

Rent reduction in April, May and June.

For manufacturing, service and individual industrial and commercial households that meet the standards of small and micro enterprises stipulated in the Notice on Printing and Distributing the Standards for Small and Medium-sized Enterprises (Ministry of Industry and Information Technology Lianqi [201] No.300), the rent will be reduced for three months (from April to June) from April 2022.

Rent refers to the remuneration charged by the lessor to the lessee for the transfer of the right to use assets in the leasing business. It is shown as rental income at the lessor and rental expense at the lessee. The rent of leasing business is usually determined by the lessor and the lessee through consultation according to the cost of assets, and calculated by time, such as monthly rent.