Beijing to shorten time for starting business to 5 days

Updated 2018-03-19 09:10:05 Xinhua

Beijing plans to cut the time for starting a business from an average of 22 working days in 2017 to five this year to improve its business environment, according to a government notice issued Sunday.

The notice, released jointly by the municipal commercial, tax and public security authorities, said Beijing will take measures to complete business registration within five working days by the end of this month.

The capital city will promote online registration and tax payment system to facilitate the procedures.

Beijing has 2.1 million enterprises, up 47.52 percent than five years ago. More than 500,000 of them are technology-based enterprises, up 121 percent than five years ago.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58December 17 2018 21:58:57

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16December 17 2018 21:58:57

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18December 17 2018 21:58:57

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

News:
China World Business Sports Showbiz Audio
Video:
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
Photos:
China World Fun Travel Entertainment Sports
Travel:
Beijing Shanghai Guangzhou
Lifestyle:
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords