“Since we decided to purchase electricity directly from power generation enterprises, the company can save more than 1mn yuan per year.” Said Wang Bin, Tax Supervisor of Guangdong Meiweixian Flavoring & Food Co Ltd.

According to municipal bureau of finance, Zhongshan has implemented 36 policies in terms of reducing institutional transaction cost, labor cost, tax cost, social security fee, financial cost, production factors cost, logistics cost and improving formation mechanism of price marketization to help enterprises with lowering cost and improving efficiency. From January to November this year, a total of 11.672 billion yuan cost of enterprises were saved, which was about 1 billion yuan per month.