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.
The government will improve transparency and predictability of policies and provide standardized services, and make sure enterprises conduct the filings and fulfill their promises in accord with industry standards.
"Streamlining approvals, delegating power to lower levels and improving regulation and services are major measures to transform government functions and advance supply-side structural reform. This term of government has prioritized the reform of the approval system and institutional reform in the business sector, which in essence aim to develop a fair and just market environment. Facts showed that our efforts are paying off," Li said.
"Government departments must be open-minded. Due approval procedures are necessary, but they are not a panacea, especially in terms of compliance oversight. We should continue to follow and improve the principle that the responsibility of oversight goes to those who give the approval and who take charge," Li said.
To further spur market vitality and encourage entrepreneurship and innovation, the meeting decided that the government will cancel 52 administrative approvals by central government departments.
The approvals are mostly related to employment and entrepreneurship, investment and doing business. Some of them are no longer necessary because of maturing market conditions. Canceling approvals enables the government departments to transform their functions to developing industry standards and performing oversight. (Source: Global Times)
Previous：China Announces New Cuts to Charges on Companies to Reduce Corporate Burden
Next：China’s Patent Operations Embrace A Year-on-year Increase of Nearly 20 Percent