China is considering additional fiscal policy support while mounting an all-out effort to put existing measures into place, providing a strong buffer against downward pressures on the national economy.
Qingdao West Coast New Area (Qingdao WCNA) recently rolled out 10 supporting measures to expand employment and promote business startups during the ongoing COVID-19 epidemic prevention and control period.
The New Area has planned and built ten functional zones, and is one of the regions with the largest number of the State-level zones, the most complete functions and the most concentrated policies in China.
China's readiness to fully implement the Regional Comprehensive Economic Partnership agreement will encourage free trade and create new space for win-win cooperation, government officials and business leaders said on Sunday.
The Qingdao Area of the China (Shandong) Pilot Free Trade Zone, or Qingdao FTZ, decided to pilot a new regulation on market entity registration on Oct 8, with the goal of streamlining the processes of market entities' registration processes by simplifying procedures and incorporating online options.