The city will further improve the private investment environment. In an effort to ease enterprises' access to market and financing, the city vows to put into good use the bailout fund worth 10 billion yuan (1.48 billion U.S. dollars) for listed companies.
It will channel 10 billion yuan of credit and secured loans to high-quality small and medium private companies.
It will also gradually increase the size of policy-based financing guarantee funds for medium, small and micro enterprises to 10 billion yuan.
At the same time, Shanghai is actively participating in the integrated development of the Yangtze River Delta region.
This year, the city will cooperate with its partners in constructing programs in infrastructure, scientific innovation, industrial collaboration, environment and market systems, the mayor said.
Cooperation mechanisms will be further improved in public services such as pension service, medical and health services, human resources and social welfare.
THE SECOND IMPORT EXPO
Shanghai is determined to successfully host the second China International Import Expo (CIIE) this year, according to the mayor.
The city will normalize the expo's pilot mode of bonded display and trade, having it occur on a regular basis.
As the world's first import-themed national-level expo, the first CIIE was held in Shanghai from Nov. 5-10 in 2018 and concluded with deals worth about 57.83 billion U.S. dollars. The expo attracted 3,617 foreign exhibitors and more than 400,000 buyers from home and abroad.
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