At the beginning of the New Year, Shenyang has made every effort to promote the recovery and development of all industries and fields. Since January 1, "Several Policy Measures of Shenyang to Ease Enterprises' Burdens and Stabilize Economic Growth" was implemented, among which CNY 100 million of Spring Festival consumption vouchers were issued to consumers in Shenyang.

Zhao Zhuoqing, deputy director of Shenyang Municipal Commerce Bureau, said that in the first quarter of 2023, Shenyang issued Spring Festival consumption vouchers to consumers in Shenyang around the fields of automobiles, home appliances, supermarkets and restaurants, and launched thematic consumption promotion activities such as the Spring Festival Fair, focusing on festivals such as New Year's Day and Spring Festival, and supported each region to carry out regional special theme activities according to local conditions.

At the production end, Shenyang focuses on supporting enterprises to become better and stronger, and has introduced incentive policies from three levels: enterprises above designated size, newly built and put into production, specialized and sophisticated small and medium-sized enterprises. For example, the "little giant" enterprises identified at the national level and the specialized and sophisticated small and medium-sized enterprises at the provincial level will be awarded CNY 500,000 and CNY 300,000 respectively.

Shenyang will also support stable employment through multiple channels, and give a one-time employment subsidy of CNY 1,000 to employers for hiring college graduates. Small and micro enterprises that meet the standards can apply for a start-up guarantee loan of up to CNY 3 million, and give discount interest in accordance with the policy provisions.

Jiang Xiaohua, chief economist of Shenyang Municipal Development and Reform Commission said that the "policy package" focuses on improving the gold content of the policy to ensure that enterprises get real benefits, which is expected to benefit a total of about CNY 800 million of enterprise funds.

Reporter Wang Wei, Yu Yetong