Legal Analysis: According to the Notice of Shaanxi Provincial Department of Finance and State Taxation Bureau of People's Republic of China (PRC) on Supporting the Policy of Tax Reduction and Exemption for novel coronavirus Epidemic Prevention and Control (Shaanxi Caishui [2020] No.2) 16, the industries and enterprises that are greatly affected by the epidemic, such as tourism, accommodation, catering, exhibition, business circulation, transportation, education and training, theatrical performances, film and television dramas, are exempted from the water conservancy construction fund and employment security fund for the disabled.

Legal basis: Article 12 of the Social Insurance Law of People's Republic of China (PRC), the employing unit shall pay the basic old-age insurance premium in proportion to the total wages of its employees as stipulated by the state and record it in the basic old-age insurance pooling fund. Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.