SIP authorities held a meeting on Mar 20 to make arrangements for economic development and social governance under the current circumstance that COVID-19 is under control nationwide.

Actually, SIP authorities have been implementing a series of policies including tax and social insurance fee reduction and exemption since early February to support local businesses’ fight against the negative impact of COVID-19. Thanks to that, most of the factories, office buildings and construction projects in the area have resumed operations, and the local shopping malls and other commercial complexes have reopened.

 

Since March, the local authorities have enhanced support to wholesalers, retailers, logistics service suppliers, restaurants and other businesses related to community circulation. The officials of related departments recently met with the representatives of businesses in these fields to learn about their difficulties and help figure out solutions. The efforts have paid off. Many of the businesses have shown an upturn.