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China Daily | Updated: 2015-03-18 07:52

Three-in-one certificate

三证合一 (sānzhèng héyī)

As one of the major measures to further streamline administration and delegate power to lower levels, Premier Li Keqiang said in the 2015 Government Work Report that the authorities will further simplify the process for registered capital by gradually integrating the business license, the certificate of organization codes and the certificate of taxation registration into one certificate.

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