Policy digest

Easier deregistrations for companies in pipeline

The central government will introduce measures to make it easier for owners to deregister a company as part of efforts to better the business environment, according to a decision at a State Council executive meeting chaired by Premier Li Keqiang on Wednesday.

A statement released after the meeting said the procedures for deregistering companies will be simplified. Individuals wanting to deregister their companies now only need to publish the information through the National Enterprise Information Credit Information Publicity System instead of having to publish notices in newspapers, the statement said.