The Xinhui Business Bureau has planned a basket of favorable measures for companies in the real economy to cut costs as part of efforts to bolster lackluster economic growth, Director Zhou Zhixiong of Business Bureau said.
The measures include cheap financing and reduced red tape, as well as more affordable land use, energy consumption and logistics.
The Xinhui Business Bureau expects the measures to improve the business environment, facilitate industrial upgrades and enhance corporate competitiveness.