Dongcheng district offers rent relief for small businesses

0 Comment(s)Print E-mail, June 23, 2022
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Beijing's Dongcheng district rolled out measures to cut rental costs for small businesses affected by the recent resurgence of COVID-19 cases in China's capital.

By June 19, a total of 1,706 businesses renting state-owned properties under the management of Dongcheng district have enjoyed a reduction of 240 million yuan (US$35.78 million) in their rental costs.

The district government also subsidies 30% to 50% of the rental costs for small businesses in cultural and technology fields that rent non-state-owned properties.

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