Shanghai's market regulators released 12 measures on Tuesday that provide easier access for the registration of market entities in an effort to boost their confidence and vitality with the COVID-19 resurgence waning.

The new measures include improving e-registration services, expanding the application process for e-versions of business licenses and extending the transition period for new and old version material applications, according to the Shanghai Administration for Market Regulation.

The city's market authorities are providing online report, signing, review and license-issuing services for applicants, which cover the entire market entity registration, seal carving, insurance affairs' handling and bank account opening process, alleviating paper submissions and making services more efficient.