Increasing govt efficiency will act as a stimulus for local economies

THE BEIJING GOVERNMENT is implementing some concrete measures to simplify its business registration procedures and further improve its business environment, according to officials of the capital's finance bureau speaking at a media briefing on Sunday. Beijing News comments:

The pro-business reform plan unveiled by the Beijing government heeds the call of Premier Li Keqiang, who has urged governments at all levels to optimize their business environments.

The reform plan of the Beijing authorities aims to reduce the time it takes to set up a new enterprise, register trademarks and review construction project applications.