Reforms to give boost to private sector

Nation to further optimize business environment, simplify market access system

China will optimize and facilitate a better business environment for private enterprises to invest and start new business, and further simplify the market access system, a senior official said.

The government will strengthen reform of the examination and approval process for medicines, medical equipment and special food. By the end of the year, a trademark database will be released to the public, and the trademark registration and examination period will be shortened to six months, according to the State Administration for Market Regulation.