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Reuters
Reuters
Business

Shanghai eases return to work, moves to support economy

People wearing face masks line up outside a store of French luxury brand Celine, at a reopened shopping mall amid the coronavirus disease (COVID-19) outbreak in Shanghai, China May 29, 2022. REUTERS/Brenda Goh

Shanghai authorities will cancel many conditions for businesses to resume work from Wednesday, a city official said on Sunday, easing a city-wide lockdown that began some two months ago, and will also introduce policies to support its battered economy.

China's commercial hub of Shanghai reported a broad decline in its economy last month as COVID-19 outbreaks prompted stringent restrictions and lockdowns, impacting manufacturing to retail sales and its property sector.

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