Local govts plan more steps to attract investment

Local government officials are stepping up measures to further improve the business environment and make it easier for the public to access administrative services as part of the ongoing efforts to attract more domestic and foreign investment.

Government officials from Wuhan of Hubei province, Guiyang of Guizhou province, Xiamen of Fujian province and Foshan of Guangdong province vowed to continue efforts to lower the market threshold and costs for enterprises at a policy briefing hosted by the State Council Information Office on Friday.

Chen Ruifeng, executive vice-mayor of Wuhan, said the city has rolled out measures to ensure that the waiting time for applicants is restricted to one hour at government offices. The time required for registration, transaction and tax payments involving real estate services will be limited to within 45 minutes, he said.