Wuxi's Binhu district released a new program including 60 measures to improve its local business environment this year on May 10.
The measures mainly focus on providing better services for local enterprises and talents. They are expected to help attract more investment and high-quality projects for local development.
The local government will further streamline administrative procedures to save time and costs for enterprises. For example, the administrative procedures for the opening of an enterprise may be finished within two days or even just half a day through a special window, according to the program.
In an effort to boost technological innovation, more subsidies, government-invested funds, and financial products will be available for science and technology enterprises. A strengthened intellectual property public service system will also be created.