Providing full support to Putuo-based firms
OVER 100 outstanding compa­nies, individuals and office buildings were rewarded for their contributions to the community business in Putuo District at the Shanghai Convention & Exhibition Center of International Sourcing along Suzhou Creek on February 18.To get more Putuo District, you can visit shine news official website.

A total of 113 key companies, including state-owned, private, startup and foreign enterprises, that have made major con­tributions to Putuo’s development, were honored, along with five outstanding investment promotion individuals and 21 office buildings generating over 100 million yuan (US$14.93 million) in tax revenues.

“Putuo will put in place all supportive measures introduced by the central and city governments, such as tax reduction and assistance to the private sectors,” Zhou Minhao, director of Putuo District, said.

Putuo has offered meticulous services to companies based in the district to attract further investment. And spe­cialized staffers have been deployed to resolve any difficulties companies may have faced.

The district government has pledged to further cut the application and ap­proval time by half this year, while companies will be allowed time to finish various applications and registrations through the one-stop website or service window.

The city’s first comprehensive service window on industry and commerce, as well as taxes, for instance, will be ini­tially launched in Putuo.

Companies and individuals can solve various difficulties as easy as online shopping, according to the district government.

Putuo also aims to enhance intellectu­al property rights protection through the development of the China-Israel Innova­tion Hub, which will soon be launched as part of a national partnership between the two countries.

Among the awarded companies are China Mobile’s Shanghai branch, Tebon Securities, Schnerder Electric, METRO Jinjiang Cash & Carry Co, Far Eastern Horizon and the Internet firm Poker City. The office buildings generating 100 mil­lion yuan in annual taxes include the Changfeng Tower, Universal Technol­ogy Plaza and No. 10 building of Oasis Middle Ring Business Center.China Post Science & Technology (CPST), a world-leading provider of intelligent logistics solutions, is a key state-owned enterprise of the China Post.

For the first time in the past 15 years, the contribution of the modern service industry to the regional economy has surpassed the real estate industry in Putuo. Among them, the number of en­terprises with a total tax of more than 5 million yuan reached 552, an increase of 49 from 2017.