Shanghai's achievements in optimizing business environment in 2024
![A view of Lujiazui, the financial center in Shanghai..jpg A view of Lujiazui, the financial center in Shanghai..jpg](/cmsres/bb/bba6bbb9389a4719aef7219912f8a79f/10d6f2d39b4945811f39b6eeae889bb3.jpg)
Up to 150 reform measures were completed, and the enterprise satisfaction rate reached 96 percent in 2024, marking Shanghai’s continuous efforts to build a world-class business environment.
I. Introducing pilot programs by aligning with World Bank B-Ready standards
Market entry
Enterprises' changed information shared among different government departments
Utility services
China's first key performance indicator system for power sustainability launched
Labor
Preparation for establishment of regional center for public employment services
International trade
• Introduced China's first high-quality development guideline for authorized economic operator or AEO enterprises
• Created China's first service platform combining insurance, claims, financing, credit and policy settlements
Taxation
• Formulated first simplified procedure for administrative reconsideration in tax system
• Established China's first special tax tribunal
Dispute resolution
Made breakthrough in foreign-related ad hoc maritime arbitration
Market competition
• Built data product intellectual property management platform
• Issued China's 1st data product registration pledge financing of 100 million yuan ($13.75 million)
Business insolvency
Founded North Bund Corporate Restructuring Center
II. Improving services, supervision for enterprises
Government services
• Implemented two batches of key projects designated by State Council to improve government service efficiency
• Included new 64 corporate services into one-stop government service app "Suishenban"
Policy services
Issued implementation measures for improving whole-process preferential services rendered to enterprises
Foreign-related services
• Launched International Services Shanghai, one-stop platform for expats
• Promoted five entry-exit experimental measures
• Established China's first standardized and coordination platform for foreign-invested enterprises
Inclusive, prudential supervision
• Issued 34 non-penalties lists for minor violations, covering all 28 law enforcement sectors
• Over 84,000 business entities exempted from compulsory administrative measures
Regulatory compliance, guidance
Lifted summer embargo and control measures for hazardous chemicals
III. Differentiating development focuses among districts
Pudong New Area
• Completed first cross-border e-commerce B2C export shipping
• Expanded pilot projects for cell and gene-related medicine
• Issued first white list for cross-border data flow
Hongqiao International Central Business District
Introduced more overseas talent and facilitated outbound reaches of domestic talent
Xuhui district
One-stop business registrations, algorithm filings, financing matchmaking, compliance guidance
Baoshan district
Issued China's first compliance guidance for cruise tourism industry
Minhang district
Launched district-level one-stop service center at Grand neoBay
Jinshan district
Improved whole-process services to industrial projects
Qingpu district
Registered China's first new raw materials for special purpose cosmetics, after new cosmetics supervision and regulation measures took effect
Fengxian district
Launched China's only intellectual property rapid protection center in field of cosmetics
IV. Calling on society to further improve business environment
Pioneered "media observer" co-construction mechanism
Established China Institute for Rule-oriented Business Environment with East China University of Political Science and Law
Source: Shanghai Municipal Development and Reform Commission