Tag archives: accelerate

Small and micro-sized enterprises in the services sector and individual businesses that rent properties from China"s State-owned enterprises will be exempted from rent for three months across the country in 2022, said the country's top State-asset regulator. As small and medium-sized enterprises play a key role in supporting the market, promoting employment and maintaining economic stability, the government and SOEs will offer supportive measures such as preferential electricity price for businesses in the areas of catering, retail, tourism, civil aviation, road, water and railway transportation, in order to minimize the impact caused by the COVID-19 pandemic, according to a circular