Guangzhou Development District streamlines regulatory processes

Guangzhou Development District in South China's Guangdong province has streamlined its services for the registration and completion of investment projects so that the process now takes no more than 34 days from beginning to end.

A couple of years ago, the administrative approval for new investment projects meant that companies would spend as long as 800 days going through all the procedures from registration to construction, according to a report by Guangzhou Daily.

But in Guangzhou Development District, one of China's earliest State-level economic and high-tech development zones, the government promises that it will take no longer than 34 working days to complete all procedures.