Shanghai launches action plan to stabilize growth, boost development

2023-01-30 08:46:43Xinhua Editor : Zhang Dongfang ECNS App Download

The municipal government of Shanghai on Sunday launched an action plan to expand demand, stabilize growth and promote development.

Under the plan, composed of 32 policies and measures, the megacity in east China will fully implement preferential policies on taxes and fees, including the purchase tax exemption for new-energy vehicles.

At the same time, measures will be adopted to reduce employment costs for enterprises.

To restore and boost consumption, Shanghai will provide subsidies to consumers who buy green smart home appliances. It will also issue cultural tourism, sports, catering and retail consumption vouchers.

Since 2023, Shanghai has signed more than 160 key industrial projects, with a total investment of 100 billion yuan (about 14.77 billion U.S. dollars). 


Most popular in 24h

MoreTop news


Back to top About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2023 All rights reserved.
Reproduction in whole or in part without permission is prohibited.
[网上传播视听节目许可证(0106168)] [京ICP证040655号]
[京公网安备 11010202009201号] [京ICP备05004340号-1]