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December 30, 2015

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Home » Business » Economy

Shanghai to trial program for efficiency

THE State Council, China’s Cabinet, has approved a pilot reform program that will run in Shanghai to separate business licenses from administrative permits.

The reform, which allows some companies to get their business running without first obtaining the permits, will transform government functions and stimulate social innovation, said a statement released by the Cabinet yesterday.

Altogether 116 administrative permits will either be canceled or simplified, according to the statement.

In China, businesses have complained of drawn-out and redundant procedures, and the new measures in Shanghai is the latest to streamline government responsibility and delegate power to lower levels.

The State Council has canceled or delegated administrative approval power for 537 items since March 2013, official data showed.




 

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