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15 July 2015

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Central Government Gives Nod to Changsha’s Efforts on Improving Business Environment

Between October 28 and 29, a national seminar on optimizing business environment was held in Beijing. On October 29, Changsha City, outperforming 41 evaluated cities, shared its experience in inclusive and beneficial innovations on improving business environment. It was seen as the central government’s affirmation of Changsha's efforts on business environment optimization and high-quality development.
In recent years, Changsha has mapped out a series of plans to implement the CPC Central Committee and the State Council’s decisions on optimizing business environment, and strengthened top-level design, pragmatic reform and innovation, called for efforts to streamline administration and delegate power, and improve government service. Business environment of the entire city has been improving. 
Since this year, the CPC Changsha Municipal Committee and the People’s Government of Changsha City have placed business environment optimization in an important position that is relevant to the overall development. Improving business environment is upgraded as the “No.1 Project” to promote high-quality development. The year 2019 has been identified as the “Year of Business Environment Optimization”. Four special measures have been made to build Changsha into an attractive, creative and competitive business environment hub. They include service efficiency improvement, cost reduction of the real economy, protection of entrepreneurs' rights and interests, and policy implementation. The facilitative and predictable measures aim to increase the sense of gain of businesses and the public.
This article is from Hunan Provincial Government.
Translator: Xiao Juan
Chinese source:

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This is the country's first national level document on improving the business environment, and it includes the market environment, business services, supervision and law enforcement as well as legal guarantees.
China has made great efforts to improve its business environment in recent years. China's business environment ranking in the World Bank's global business environment report for 2019 was 32, up from 78 in the 2018 report.
Hot words: Regulation on improving the business environment
According to the NDRC, the new national regulation not only focuses on the prominent problems that exist and provides institutional solutions, it also learns from international experiences and promotes the successful domestic practice to reform the business environment in various fields.
It aims to purify the market environment and improve government services, in order to safeguard the rights and interests of market participants and enhance their confidence and sense of gain.
The document also deepens the reform of separating permits from business licenses, promotes Internet Plus supervision and implements full coverage supervision in special fields including vaccines, medicines, special equipment and dangerous chemicals.
Source: China Daily