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China is beefing up support for micro, small and medium-sized enterprises (MSMEs) by enacting measures to alleviate the financial burden brought on by outbreaks of COVID-19.

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Shanghai will relax its household registration permit regulations from July by granting the permits, or hukou, to non-locals who've graduated from the world's top 50 universities and work in the city, without requirements on the amount of social security paid beforehand.

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Shanghai will offer rent reductions or exemptions for small and micro-sized tech firms in scientific and technological innovation hubs to help these firms address financial burdens arising from the latest COVID-19 wave in the city.

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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, officials and experts said on Tuesday.Read more

China has released a guideline to accelerate the establishment of a unified domestic market amid efforts to build a high-standard market system and promote high-quality development.

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On Feb 18, the National Development and Reform Commission, together with a number of other departments, issued a guideline centered on supporting the steady growth of the industrial economy.Read more

The No 1 Central Document for 2022 was released on Tuesday, underscoring ensuring food security and preventing a large-scale reoccurrence of poverty as the priorities for this year's work on agriculture and rural affairs.

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The latest measures announced by the Shanghai municipal government on Thursday to activate the growth and development of market entities showed the metropolis' resolution to guarantee a fair play business environment for its more than 3 million market entities, experts said.

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Jiading Fahua Pagoda

The Fahua Pagoda, 40.8 meters tall, is a square, brick-wood structure with seven stories, accessible by ladders.