On 29 May 2022, the Shanghai Municipal government announced several measures for stabilising the Shanghai economy. Namely, the measures support small and micro companies and severely affected sectors including catering, retail, tourism and so forth. Below we summarise the announced measures for businesses in Shanghai. Deferring social insurance payment for companies in catering, retail, tourism…
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On 20 March, the Municipal Economic and Information Commission and the Municipal Finance Bureau of Shanghai Municipality issued a subsidy to support epidemic prevention and control enterprises who resumed work during the Chinese Spring Festival and those enterprises within industries severely affected by the coronavirus epidemic. Epidemic prevention and control enterprises During the Chinese Spring…
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Further measures put in place to fast-track and streamline visas and residence permits Recently, China’s National Immigration Administration announced Ten Measures to Assist the Epidemic Prevention and Control and Serve the Economy and People’s Livelihood (“Measures”). Primarily, the Measures serve to fast-track and streamline visa and residence permits to ensure exit and entry channels support…
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