鈥榃e must cut red tape and simplify procedures to stimulate vitality鈥
Print Edition
China will continue to streamline administrations and delegate power to improve business environment and further stimulate market vitality, Premier Li Keqiang said yesterday.
鈥淲e will cut the time it takes for opening a business in China by another half and we will reduce the time required for reviewing a project application by another half,鈥 Li said.
Measures will also be taken to have an e-platform in a national level for accessing government services online and ensure any requirement for certification that has no basis in laws and regulations will be abolished.
China has in recent years significantly cut the time for opening a business, but it still takes 22 days on average to do so, he said. By comparison, it takes less than a day in a developed country.
鈥淲e must further cut the red tape and simplify administrative procedures,鈥 he said.
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