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February 13, 2020

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Full support for foreign business assured

SHANGHAI will ensure support for all domestic and foreign businesses in the city during the coronavirus fight.

It recently issued 28 measures to bolster enterprises during the epidemic and has highlighted the fact that all foreign-funded enterprises will enjoy identical treatment to local businesses.

The city’s commissions of commerce has organized translations of the measures. An English version has been issued and a Japanese version will be released soon, “so as to enable foreign enterprises, especially foreign executives, and foreign investors to better understand the policy,” Liu Min, commission deputy director, said.

Meanwhile, the commission has issued a list of more than 140 foreign enterprises to financial authorities so that they can enjoy relevant preferential financing policies.

“We are also actively helping foreign enterprises to resume work and production,” Liu said.


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