Core Viewpoint - The Chinese government is implementing tax and fiscal policies to support enterprises in resuming operations and addressing challenges posed by the pandemic, particularly for small and micro enterprises [1][3]. Group 1: Enterprise Resumption and Tax Data - Tax data, especially from VAT invoices, shows a significant increase in enterprise resumption, with the average daily number of invoicing enterprises rising by 10.3% in the second week of February compared to the first week, and by 20.2% in the third week compared to the second week [3]. - The tax authorities are utilizing VAT invoice data to provide targeted assistance to enterprises, helping them connect with suppliers and resolve supply chain issues [3]. Group 2: Tax Filing Extensions - The tax filing deadline for February was extended twice to support pandemic control and enterprise resumption, with the deadline for regions outside Hubei ending on February 28 [4][6]. - The deadline for March tax filings has been extended by one week, moving from March 16 to March 23, with further extensions possible for areas still under pandemic response measures [6]. Group 3: Support for Small and Micro Enterprises - Small and micro enterprises, heavily impacted by the pandemic, are receiving various tax relief measures, including a reduction or exemption of VAT, with Hubei exempted and other regions applying a 1% rate [8]. - Additional support includes social security fee reductions and ensuring that eligible small enterprises receive the benefits they are entitled to promptly [8].