Setup eased for foreign enterprises

Starting June 30, most functions will be done online across country

China will further simplify the process of setting up foreign-invested enterprises to promote its high-standard of liberalization and facilitation of trade and investment, the State Council decided at an executive meeting chaired by Premier Li Keqiang on Wednesday.

One-stop service and a single required form will be needed to file and register a foreign-invested enterprise. The whole process will be conducted online and free of charge. This practice, which will take effect on June 30, is expected to significantly shorten the time required to start a foreign-invested enterprise.