9 cities to ease entry for foreign companies
As part of the strategy for further opening-up, nine cities in eastern China's Yangtze River region have teamed up to introduce 30 new measures allowing foreign companies to establish or grow their business in the region more easily.
The nine cities include Shanghai; Hangzhou, Zhejiang province; Suzhou, Jiangsu province; and Hefei, Anhui province. Combined, they boast a population of 49 million people and cover one-fourth of the delta region.
The new measures, announced at a news conference on Thursday during the ongoing China International Import Expo in Shanghai, include forming a shared network for the administration of business applications, so that licensing work for individuals or enterprises in one city can be applied in any of the other eight.
