Shanghai: Implement, in accordance with regulations, policies for difficult-case reductions or exemptions of property tax and urban land use tax for enterprises that align with the direction of industrial development.

The General Office of the Shanghai Municipal People's Government issued the "Shanghai Action Plan for Promoting High-Quality Development of Small and Medium-Sized Enterprises." The plan mentions implementing tax and fee reduction policies. Fully implement all national tax and fee support policies. For enterprises that align with Shanghai's industrial development direction, implement property tax and urban land use tax hardship reduction and exemption policies in accordance with regulations. Continue to implement the phased reduction of the domestic drug registration fee standard and the domestic Class II medical device product registration fee standard by 50% and 65%.