China vows to further improve business environment: Premier Li

Updated 2018-03-20 12:54:00 Xinhua

China will continue to streamline administrations and deligate power to improve business environment and further stimulate market vitality, Premier Li Keqiang said Tuesday. [Special Coverage]

"We 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," Li said at a press conference after the conclusion of the annual legislative session.

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, he said.

Li said thanks to efforts in recent years, China has significantly cut the time for opening a business, but it still takes 22 days on average to do so in the country. By comparison, it takes less than a day in a developed country.

"We must further cut the red tape and simplify administrative procedures," he said.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58December 19 2018 09:07:56

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 19 2018 09:07:56

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18December 19 2018 09:07:56

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.

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