Market manages economy more in streamlined govt

Guangdong's efforts to streamline administrative procedures and alleviate government intervention in the market are drawing positive remarks from business people across the province.

One of them is Hubert Xu, president of Guangzhou CDC Group, a firm offering integrated services to foreign investors.

"We started an industrial property company just a few days ago. And we were really surprised, and of course pleased, to get the business license so soon," he told China Daily in a recent interview.