Time needed for companies to get power slashed
16:50 UTC+8, 2019-05-23
Shanghai has undergone a series of measures to make doing business in the city easier, including slashing the time needed for new companies to get hooked up to electricity.
16:50 UTC+8, 2019-05-23
00:00
00:00
Shot by Ma Xuefeng. Edited by Ma Xuefeng and Zhong Youyang. Subtitles by Wang Xinzhou and Andy Boreham.
Shanghai has undergone a series of measures to make doing business in the city easier, including slashing the time needed for new companies to get hooked up to electricity.
State Grid Shanghai Electric Power Company, the city’s power provider, changed the procedures in several areas, including a new app that makes the process of signing up considerably easier, and cutting the costs to a company from up to a few hundred thousand yuan to nothing.
The World Bank Group’s flagship publication, Doing Business 2019, has agreed that reforms like this mean it’s now easier than ever to do business in China, which has sailed to number 46 on the ranking of 190 countries and regions.
Source: SHINE
Editor: Shen Ke
Special Reports
Add Your Comment
Things you should know:
1.Comments will appear only after being approved by our team. Please understand that we don’t work 24/7, so it might be a while before your comment is posted.
2.In accordance with the Regulations on Internet News and Information Services and other related laws and regulations of the People's Republic of China, comments should not contain anything that is obscene, offensive, defamatory or racist.