Time needed for companies to get power slashed

Shanghai has undergone a series of measures to make doing business in the city easier, including slashing the time needed for new companies to get hooked up to electricity. 

Shot by Ma Xuefeng. Edited by Ma Xuefeng and Zhong Youyang. Subtitles by Wang Xinzhou and Andy Boreham.

Shanghai has undergone a series of measures to make doing business in the city easier, including slashing the time needed for new companies to get hooked up to electricity. 

State Grid Shanghai Electric Power Company, the city’s power provider, changed the procedures in several areas, including a new app that makes the process of signing up considerably easier, and cutting the costs to a company from up to a few hundred thousand yuan to nothing. 

The World Bank Group’s flagship publication, Doing Business 2019, has agreed that reforms like this mean it’s now easier than ever to do business in China, which has sailed to number 46 on the ranking of 190 countries and regions.

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