Hangzhou has recently rolled out 32 measures in aspects like labor, energy, land, logistics, and financing, to help enterprises reduce costs.

These measures include reduction of labor union expenditure, insurance premium rate, energy price, logistics fee, enterprise inspection expense, and comprehensive financing cost for enterprises.

Taking market development as an example, Hangzhou is set to better international exhibition projects, in a bid to help enterprises expand overseas markets, and to increase export insurance subsidies for enterprises to cut down costs.