More than 600 minor market violations by enterprises have been exempt from administrative penalties in Shanghai amid the city’s efforts to foster a more vibrant business environment, especially for innovative enterprises and those involving new business models.

The exemption was based on a list of 34 minor violations that would be freed from penalties in the city, which has been improving its business environment, Lu Weidong, director of the Shanghai Municipal Bureau of Justice, said at a forum focusing on optimizing the business environment through legal approaches in Shanghai on Friday.

The list, the country’s first of its kind in a provincial-level region, included violations in marketing, quality and food safety as well as fire control that do not cause consequences and that the company has taken the initiative to rectify.

Exemptions from fines improve business environment in Shanghai



Source link