A package of measures aimed to attract more investments with a maximum incentive of 100 million yuan ($14.54 million) was announced by the Shanghai government on Thursday.
This year, the community has released an array of favorable policies focusing on people's livelihoods, corporate concerns and industrial development to facilitate newly registered enterprises and award those with outstanding economic contributions.
A slew of measures to promote international trade and attract foreign investment have been recently unveiled by the municipal government of Shanghai.
China will further its efforts to attract and utilize more foreign investment this year, as outlined in the Government Work Report submitted to the national legislature for deliberation on Sunday.
The construction of central legal service district is expected to provide professional and international legal services for enterprises and society in a precise, efficient and convenient manner.
Those policies cater to the needs of enterprises and focus on areas such as education, medical care, elder care, talents, housing and employment.
China has unveiled a new pro-growth regulation for self-employed business owners, including policies that provide greater support in terms of taxation, finance and the protection of intellectual rights, in a bid to inject fresh impetus into individual and small, family-run businesses.
