Recently, the Standing Committee of the Shanghai Municipal People's Congress once again revised the “Shanghai Municipal Regulations on Optimizing the Business Environment”. The amendments include implementing the country's new requirements for optimizing the business environment, promoting high-level benchmarking reforms in the World Bank's assessment system, and responding to the concerns of business entities and solidifying and improving the system. The newly revised regulations further improve fair competition review requirements, improve labor dispute resolution mechanisms, strengthen public services to promote international trade, strengthen the protection of the rights and interests of people with flexible employment, improve the labor protection system, and regulate administrative inspection practices. On September 29, the reporter learned from the Shanghai Municipal People's Congress that the “Decision of the Standing Committee of the Shanghai Municipal People's Congress on Amendments” was reviewed and approved by the 16th session of the Standing Committee of the 16th Municipal People's Congress on September 27, 2024, and will be implemented on November 1, 2024.

Recently, the Standing Committee of the Shanghai Municipal People's Congress once again revised the “Shanghai Municipal Regulations on Optimizing the Business Environment”. The amendments include implementing the country's new requirements for optimizing the business environment, promoting high-level benchmarking reforms in the World Bank's assessment system, and responding to the concerns of business entities and solidifying and improving the system. The newly revised regulations further improve fair competition review requirements, improve labor dispute resolution mechanisms, strengthen public services to promote international trade, strengthen the protection of the rights and interests of people with flexible employment, improve the labor protection system, and regulate administrative inspection practices. On September 29, the reporter learned from the Shanghai Municipal People's Congress that the “Decision of the Standing Committee of the Shanghai Municipal People's Congress on Amendments” was reviewed and approved by the 16th session of the Standing Committee of the 16th Municipal People's Congress on September 27, 2024, and will be implemented on November 1, 2024.