Shanghai announced plans to boost confidence for promoting economic growth, including providing relief package for enterprises and facilitating high-quality development, official sources said on Jan 29.
Enterprises in Shanghai hiring people who have been registered as unemployed for more than three months or those who will graduate university in 2023 will get 2,000 yuan per recruit.
Shanghai's imports and exports reached a record high of 4.19 trillion yuan ($619.14 billion) in 2022, up 3.2 percent from the previous year, local customs said on Jan 19.
China International Import Expo has become a window for the world to tap China's huge market. The expo will hold the 5th edition this year from Nov 5 to 10 in Shanghai.
China climbed to 11th place on the Global Innovation Index 2022 released by the World Intellectual Property Organization, up one place from its 2021 ranking.
