Cancel restrictions on resumption of work and production, Shanghai accelerates economic recovery and revitalization

Shanghai Epidemic

The mainland reported 215 new local infections of COVID-19 the day before yesterday, with Shanghai accounting for 122 and Beijing 21. In Taiwan, there were 76,539 new local confirmed cases and 145 deaths yesterday.

Shanghai will cancel the whitelist system for resumption of work and production next month, and the time limit for negative nucleic acid certificates for entering public places and taking public transportation will be relaxed from 48 hours to 72 hours. Shanghai also released the “Accelerating Economic Recovery and Revitalization Action Plan”, which is expected to reduce the burden on market players by at least 300 billion yuan (RMB, the same below) throughout the year. The measures include five special difficulties in catering, retail, tourism, civil aviation, and transportation. Industry, suspend the collection of medical, pension, unemployment and work-related injury insurance contributions; subsidize 600 yuan per employee for enterprises in difficult industries that do not lay off employees, with a ceiling of 3 million yuan; extend the rent-free period for state-owned houses to 6 months, and encourage non-state-owned house owners to Small and micro enterprises and individual industrial and commercial households will be rent-free for 6 months, and will be subsidized by the government by 30%.

Originally published on AM730 https://www.am730.com.hk/China/Cancel restrictions on resumption of work and production-Shanghai accelerates economic recovery and revitalization/321636

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