The establishment of special funds for the development of private education, some members of the Standing Committee and the Education, Culture and Health Committee of the Provincial People's Congress believe that the people's governments at or above the county level should set up special funds for the development of private education and stipulate its use and management measures. In this regard, the revised draft of the first instance stipulates that the people's governments at or above the county level should incorporate private education into the overall arrangement of education, set up special funds for the development of private education, fund the development of private schools, and commend and reward the collectives and individuals who have made outstanding contributions.

As for the land use right of land requisitioned by private schools, the revised draft of the first instance stipulates that if private schools are willing to obtain the land use right according to law by means of transfer, the people's governments at or above the county level may give priority to transferring the land use right to private schools. Private schools obtain land use rights by allocation or transfer, and investors do not require reasonable returns and enjoy the same tax treatment as public schools.

Enjoy five preferential policies

The revised draft of the first instance stipulates that private schools enjoy preferential tax policies stipulated by the state and preferential policies for capital construction of similar public schools at the same level according to law, and enjoy the following five preferential policies stipulated by the state according to law: income from providing educational services to schools engaged in academic education is exempt from business tax; The income obtained by the school from technology development, technology transfer and related technical consultation and technical service business shall be exempted from business tax; Enterprise income tax is not levied on the financial allocation obtained by the school and the special subsidy income for career development obtained from the competent department and the superior unit; Income from childcare services provided by nurseries and kindergartens shall be exempted from business tax; Other preferential tax policies.

The revised draft of the first instance, which encourages enterprises to guarantee loans for private schools, stipulates that private schools can apply for loans from financial institutions with property other than educational facilities as collateral; However, mortgage loans for land use rights shall not be obtained by allocation. Encourage financial institutions to implement credit loans for private schools, and encourage state-owned asset management companies, state-owned investment companies and other enterprises and social consortia to provide loan guarantees for private schools. The revised draft of the first instance also stipulates that the organizers of private schools should sign employment contracts or labor contracts with faculty and staff, and pay social insurance premiums for faculty and staff in accordance with the standards of faculty and staff of similar public schools at the same level.