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Zhangjiagang launches 24 regulations to improve business climate

(chinadaily.com.cn)

Updated:2019-11-14

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The government of Zhangjiagang recently released 24 measures to improve the local business climate.

The measures focus on strengthening the evaluation system for business climate, improving government services, and creating a fair and honest market.

The measures will make it easier to start businesses by reducing the time needed to apply to just one day, and improve government services by offering an online option to deal with administrative procedures.

The measures also include the implementation of the pre-establishment national treatment with a negative list for foreign investment and the improvement of the social credit system through increased government commitment, social supervision and accountability.

"A sound business climate is crucial to the economic development of a region," said an official from the local commission of development and reform.

The official expressed hope that the measures will help create a more attractive, influential and competitive business climate and increase satisfaction and confidence among local companies.

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