September 6, 2017

China will keep streamlining administrative approvals and cutting red tape to improve business environment, a State Council executive meeting chaired by Premier Li Keqiang on Wednesday decided.

The government will expand a pilot reform already in trial in the Shanghai Pudong New Area on separating operation permits with business licenses and clearing 116 approval items, to 10 free trade zones across the country, including those in Tianjin, Chongqing, Liaoning and Zhejiang. Provincial governments are authorized to extend the measures to eligible national-level new areas, innovation demonstration zones, high-tech industry zones and economic and technology development zones.

A priority of the reform is to standardize various administrative approvals. Many of them will be canceled, while some others will be switched to simpler approaches.

Read more:

http://news.xinhuanet.com/english/2017-09/07/c_136589737.htm