SHANGHAI, May 12, 2025 /PRNewswire/ -- A news report from english.shanghai.gov.cn
The municipal government of Shanghai released a circular outlining 10 major missions to seek further breakthroughs in improving its business environment on May 8, aiming at further stabilizing employment, companies' operations and market expectations.
One of the 10 initiatives is to better align with the evaluation methods and criteria used in the World Bank's Business Ready report. Further reforms will also be advanced.
Meanwhile, favorable policies should be more easily accessible for companies. The city will launch an online platform via which companies can search for the applicable policies and obtain approvals. A "policy calculator" will also be introduced to explicitly explain the application conditions and scope for certain policies.
To further enhance administrative oversight of companies, Shanghai will complete and upgrade the supervision QR code system, which was rolled out citywide earlier this year.
According to the circular, financing costs for small and medium-sized enterprises should be reduced, and innovative financing services should be offered. To this end, Shanghai will promote a fast-track loan initiative across industrial parks, which was first piloted in the Hongkou district in northeast Shanghai.
The circular also highlights the need to improve bankruptcy procedures, as this is one of the key indicators in the World Bank report. Enhancing efficiency in this area will support company restructuring, accelerate market evolution, and improve resource allocation.
For more information: https://english.shanghai.gov.cn/en-BusinessEnvironment/index.html
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Shanghai releases 10 major missions on improving business environment
TASHKENT, Uzbekistan, Dec. 15, 2025 /PRNewswire/ -- Uzbekistan is in the process of establishing an innovative logistics hub in Central Asia through the creation of industrial zones. DP World is developing a multimodal hub within the country that is expected to transform trade routes throughout the entire region.
Uzbekistan is pioneering a novel paradigm of industrial advancement through the establishment of specialized industrial zones. The enticing conditions have already captivated DP World, one of the preeminent logistics operators globally, prompting the firm to invest in the construction of an international transport and logistics hub within Uzbekistan.
"The Tashkent Multimodal Logistics Terminal will bring world-class infrastructure and smart logistics capabilities to the region, improving the efficiency of supply chains and supporting businesses across industries," emphasized the importance of the project Sultan Ahmed bin Sulayem, CEO of DP World.
Macro Trend: Growing Investments in Uzbekistan
One of the newest zones is "Yangi Avlod," which established just a year ago.
Benefits
Residents are granted exemptions from four principal taxes. Additionally, customs advantages are applicable, and long-term land leases are available, with the potential for utilizing them as collateral along with their assets.
Turnkey ecosystem
Infrastructure under construction for each individual plot, encompassing natural gas, potable water, electricity, access roads, and waste disposal systems. Investors are afforded a completely developed site.
An international airport and the Tashkent-Samarkand highway are under development near Yangi Avlod, which will also feature a freight terminal.
Administrative model
Yangi Avlod operates on a comprehensive one-stop-shop principle. The management company meticulously oversees each investment project, from the establishment of a legal entity to the integration of utility services.
Results
Companies from China and the UAE have already become residents of Yangi Avlod. Among the esteemed residents are East Can Solutions, JAC Motors Toshkent, EAS, and various other enterprises spanning the food, construction, packaging, and electrical sectors.
"We opted for 'Yangi Avlod' owing to its strategic location, governmental endorsement, and flexible managerial approach. This constitutes a solid starting point for companies looking to make inroads into the Uzbek market," remarked Go Tianxiao, Chief Sales Specialist of the Marketing and Sales Department at JAC Motors Toshkent.
The state policy transforms industrial zones into driving forces for economic enhancement and shapes a new industrial center for the region.
Website: https://yangiavlodzone.uz/en
Email: info@yangiavlodzone.uz
Phone: +998771512414
+998781137171
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Yangi Avlod: Uzbekistan accelerates the development of industrial zones to attract international capital