This year, Shanghai will officially launch a plan to further optimize the business environment, and clarify further reform goals and reform tasks.

1.In terms of starting a business, this year Shanghai plans to reduce the step number from 4 to 3, and the processing time will be reduced from 9 days to 3-5 days, and the cost also will be reduced.

2.In terms of construction permits, this year Shanghai plans to reduce the step number from 19 to 14 and the processing time will be reduced from 169.5 days to 97 days. The quality control index and cost will maintain the existing results and strive to improve.

3.In terms of access to electricity, this year Shanghai plans to reduce the step number from 3 to 2, and the average time for electricity accessing is reduced to no more than 20 days.

4.In terms of property registration, this year Shanghai plans to reduce the step number from 4 to 2, the processing time will be reduced from 9 days to 5 days, and the quality index to increase from 23.5 to 24.5.

5.In terms of cross-border trade, this year Shanghai plans to keep the border compliance time for imports within 48 hours, and the border compliance fee will be reduced from 335 US dollars to 316 US dollars; the document compliance time will be reduced from 24 hours to 8-10 hours, the compliance fee was reduced from $120 to $70. On the export side, border compliance time will be reduced from 23 hours to 16-20 hours, border compliance costs will be reduced from $305 to $293; document compliance time will be reduced from 8 hours to 6-8 hours, and document compliance costs will be kept it within $70.

6.In terms of taxation, this year Shanghai plans to reduce the total tax rate and social contribution to around 65%, and reduce the tax time to 130 hours, keeping other indicators performing and seeking to improve.

Shanghai will continue to promote a high level of openness, and on the basis of deepening the implementation of the "100 open expansions", it will launch a number of openning measures.