Shanghai on Wednesday released its latest action plan to optimize the city's business environment, aiming to provide better service for business entities but also focus on protecting public interests, said a Shanghai official.
The action plan, now in its eighth edition, was released during the Shanghai municipal government business environment improvement work conference, which was held for the eighth consecutive year, aiming to better address the needs of market entities and attract the best enterprises around the globe.
Involving 58 detailed measures, the action plan covers five aspects of continuing to align with World Bank's Business Ready evaluation system standards, optimizing services to assist enterprises, optimizing supervision and inspection involving enterprises, promoting the construction of the business environment at the grassroots level, and establish a positive social environment.
In addition to facilitating enterprises, the new action plan puts extra focus on the protection of public interests, and makes specified provisions on many detailed cases, said Chen Yanfeng, deputy director of the Shanghai Development and Reform Commission.
"While enhancing individual experiences, we are also placing greater emphasis on protecting public interests. This year, we are going to put more effort into optimizing the government services, market environment, regulations, and innovation environment. In this year's 8.0 version action plan, clear regulations have been established regarding the standardization of profit-driven whistle-blowing, cleaning public opinion environment, strictly regulating investigations into cases involving businesses, and improving the business environment for industries," said Chen.
Shanghai publishes new action plan to optimize business environment
