The Shanghai Administration for Market Regulation has unveiled the "Action Plan of Shanghai Market Regulation Authorities Emphasizing the Boost of Business Sentiment and the Sustained Cultivation of a World-Class Business Climate." This plan endeavors to streamline the market entry environment through targeted initiatives, which encompass: enabling comprehensive online registration for foreign (regional) enterprises engaging in domestic production and commercial activities, as well as permanent representative offices of foreign enterprises; empowering chain enterprises to streamline branch registration processes via centralized online handling. Furthermore, it aims to augment the functionality of the "Shanghai Business Registration Online" platform through features like "Smart Documents," "Intelligent Verification," and "Intelligent Assistance." The plan also calls for the widespread adoption of a standardized business premises registration information database to minimize the necessity for submitting registration details and materials. Additionally, it promotes city-wide cross-district filing for "one license, multiple addresses" and expands the usage scenarios for electronic business licenses and "enterprise codes."