上海2018年将为企业减少500亿元负担 - 2018年05月11日

Shanghai will help companies and businesses to reduce their cost burden by 50 billion yuan (US$7.85 billion) in 2018 with a series of policies and measures .

"In 2018, we will stick to push forward the supply-side reforms and focus on streamlining administration and lightening burden on companies to improve the business environment and vitalize the market in Shanghai," said Ma Chunlei, director of the Shanghai Development and Reform Commission.

To meet the 50-billion-yuan target, Shanghai has implemented 18 policy measures in 9 areas to slash cost on businesses.