The state issued a document on rent reduction due to epidemic situation.

The National Development and Reform Commission, the Ministry of Housing and Urban-Rural Development, the Ministry of Finance, the Ministry of Commerce, the People's Bank of China, the State-owned Assets Supervision and Administration Commission, the State Administration of Taxation, and the General Administration of Market Supervision jointly issued the Guiding Opinions on Further Helping Small and Micro Enterprises and Individual Industrial and Commercial Households in the Service Industry to Relieve the Housing Rent Pressure in Response to the COVID-19 Epidemic. The Guiding Opinions clarify that the housing rent reduction and deferred payment policy mainly supports small and micro enterprises and individual industrial and commercial households in the service industry with operational difficulties, and gives priority to catering, accommodation, tourism, education and training, housekeeping, cinemas, theaters, beauty salons and other industries that are seriously affected by the epidemic and have operational difficulties.

1 The main policies are: implementing rent reduction and exemption, improving fiscal and tax preferential policies, increasing financial support, and stabilizing the housing rental market.

2. Conditions to enjoy subsidies

(1) The operator must be a market entity that has obtained a legal business license.

(2) The operator must have a lease contract with the leased small and medium-sized enterprises (including individual industrial and commercial households and individual tenants, hereinafter referred to as the lessee), truly reduce or exempt the rent during the epidemic period, sign a formal agreement on rent reduction or exemption, or issue relevant notices.

(3) The lessee signs the lease relationship and rent reduction and exemption.

3. The subsidy ratio encourages the operator to reduce or exempt the rent during the epidemic period in full or in a large proportion, and the leasing parties help each other to tide over the difficulties and seek development. If the rent reduction ratio is below 5%, the finance will not subsidize it; Rent reduction and exemption ratio is between 5% and 75% (both inclusive), 2% of the financial subsidy reduction and exemption; If the rent reduction ratio is above 75%, the financial subsidy will be reduced by 3%.

Legal Basis

Guiding Opinions on Further Helping Small and Micro Enterprises and Individual Industrial and Commercial Houses in the Service Industry to Relieve the Pressure of Housing Rent in Response to the COVID-19 Epidemic

Article 2 implements housing rent reduction and exemption

(1) promotes the lease of state-owned houses (including houses of state-owned enterprises and government departments, universities, research institutes and other administrative institutions, the same below) for small and micro enterprises and individual industrial and commercial households in the service industry that are in difficulties and are exempted from housing rent for three months in the first half of the year. Sublease, sublease state-owned housing, to ensure that rent-free benefits to the ultimate lessee.

(2) if the state-owned houses owned by the central government (including the state-owned houses owned by relevant departments, central enterprises, central universities and research institutes) are rented, the housing rent support policy for small and micro enterprises and individual industrial and commercial households with operational difficulties in the location of the houses shall be implemented. If rent reduction affects the performance of state-owned enterprises and institutions, it shall be recognized according to the actual situation in the assessment.

(3) For small and micro enterprises and individual industrial and commercial households in the service industry that have difficulties in renting non-state-owned houses for operation, the lessor is encouraged to consider the actual difficulties of the lessee and reduce or postpone the collection of house rent on the basis of equal consultation between the two parties.