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.

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.

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.

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.

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.

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.