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Accurate efforts in five areas, Shanghai's industrial economy rebounds quarter by quarter


The fifth plenary meeting of the Shanghai Service Enterprise Joint Conference was held recently. At the meeting, the "Shanghai Key Enterprise Service Office" was unveiled, and the "SME Service Commissioner Platform System" was officially launched.

In 2020, in the face of the sudden new crown epidemic and the complicated international situation, all departments in Shanghai will coordinate epidemic prevention and control and economic and social development, steadily promote the "six stability" work, and fully implement the "six guarantees" tasks, from strengthening system supply and reducing Accurate efforts have been made in five areas, including corporate burdens, cultivating innovation momentum, alleviating financing difficulties, and strengthening overall coordination, to promote the stable and healthy development of enterprises.
Since the beginning of this year, Shanghai's main industrial economic indicators have rebounded quarter by quarter under the help of tax relief, financial support, and cost reduction policies to help companies. From January to October, the total industrial output value of the regulations fell by 0.2% year-on-year, and the rate of decline narrowed by 17.2 and 6.1 percentage points respectively compared with the first quarter and the first half of the year; manufacturing investment increased by 18.6% year-on-year, and industrial investment increased by 15.8% year-on-year; There were 382,400 enterprises, a year-on-year increase of 10.1%.
In order to optimize the business environment, Shanghai has issued a series of policies and systems. The "Regulations of Shanghai Municipality on Optimizing the Business Environment", "Regulations of Shanghai Municipality on Promoting the Development of Small and Medium-sized Enterprises", and "Regulations of Shanghai Municipality on Foreign Investment" have been reviewed and implemented. “18 items”, “22 items for small and medium-sized enterprises” and policies such as new online economy, new digital infrastructure, and stable foreign investment promotion fees have been released to help companies tide over difficulties.
Reduce the burden on enterprises, protect and stimulate the vitality of market players. From January to September, Shanghai’s tax and non-tax revenue added a total of 49.19 billion yuan in tax cuts and fees, a total of 118.7 billion yuan in social security, and a total of 6.5 billion yuan in rent reductions for state-owned enterprises.
Cultivate innovation momentum and enhance the core competitiveness of enterprises. The city has registered 17,191 high-tech small and medium-sized enterprises, the total number of high-tech enterprises is expected to exceed 15,000, 3,000 "specialized, special and new" companies, and 33 companies listed on the Science and Technology Innovation Board.
Alleviate financing difficulties and reduce financing costs. As of the end of September, a total of 319.676 billion yuan of loans for epidemic prevention and control had been issued, and the amount of guaranteed loans was 24.605 billion yuan, an increase of 47.8% over the same period last year.
In addition, Shanghai has also strengthened overall planning and coordination, improved service efficiency, and provided a more tolerant institutional environment for various enterprises.
Wu Qing, member of the Standing Committee of the Shanghai Municipal Party Committee and Deputy Mayor, pointed out that at the critical moment of the "13th Five-Year" final sprint and the beginning of the "14th Five-Year" plan, all departments and districts of the city must go all out to do a good job in corporate services. The first is to accurately grasp the new situation and enhance strategic determination and confidence in development. Dialectically recognize risks and opportunities, seek opportunities in crises, and strengthen economic growth resilience. The second is to accelerate the construction of a new development pattern, play the role of pioneering, demonstrating, and breaking through, grasp internal and external balance, promote large and small accommodation, coordinate traditional industries and new development patterns, adhere to seeking truth from facts, and promote high-quality enterprise development. The third is to achieve new actions, further improve the overall planning, innovation and effectiveness of services, further consolidate the service specialist mechanism for small and medium enterprises, improve the efficiency of corporate appeals resolution, implement the benefits of corporate policy content, process disclosure, and results disclosure, and promote corporate service work Go to a new level.

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