Shanghai releases measures to support businesses

Citizens take a Covid-19 nucleic acid test in east China's Shanghai, March 26, 2022.- Xinhua

SHANGHAI (China Daily/Asia News Network): Shanghai released a 21-point document on Tuesday to assist businesses in the city and promote development while it fights its worst Covid-19 outbreak.

The document sets out tax rebates and reductions, fee reductions, rent reductions and exemptions, financial subsidies, and measures to stabilise employment, which are all part of the city's latest effort to help businesses through the challenging period in sectors including catering, retail, tourism, transportation and exhibitions.