Service sector gets a fresh policy boost

Shanghai unveils range of measures to enhance international competitiveness

Shanghai municipal government has announced a total of 40 policies to further open up the city's service industry, in the hope of creating a comprehensive round of opening-up of Shanghai and further enhancing the city's competitiveness in the international market.

Five of the newly released supportive policies are aimed at facilitating the city's goal of building Shanghai into an international science and technology hub. Efforts will be made to set up a digital trade transaction and promotion platform in the city.