Beijing's government is taking action to streamline administrative procedures, optimize government services and reduce costs amid a three-year campaign to construct a business-friendly environment, local officials said.
Administration approval procedures at the Shijingshan district branch of the Beijing Municipal Administration of Industry and Commerce have been streamlined and made more efficient after a series of improvements.
Beijing has reformed its approval system for construction projects funded by non-government enterprises, according to the Beijing Municipal Commission of Urban Planning, Land and Resources.
A recent decision by the Patent Reexamination Board of the State Intellectual Property Office on a standard essential patent in the television industry has once again set the spotlight on a string of legal wrangles that first hit the headlines last year.
Consumer complaints about online orders skyrocketed by nearly 50 percent in 2017 from a year earlier, setting a record high, according to a report released by the E-Commerce Research Center in mid-March.
China overtook Japan to become the second-largest source of international patent filings via the World Intellectual Property Organization's Patent Cooperation Treaty in 2017, despite strong growth in Japanese companies' use of the system, according to the UN agency.
The positive long-term trend for the internationalization of the Chinese currency appears certain, as the renminbi continued to be the nation's second-most-used currency for cross-border payments in 2017, according to Bank of China.
Bank of China has committed to serving the real economy for years by providing companies with comprehensive financial services, and continues to do so in order to facilitate sustainable economic growth in the country.
The central government's green light to Beijing's new development blueprint provides strong leadership for the future direction of the capital, according to a senior official.
The Beijing Economic-Technological Development Area in a southern suburb of the city, also known as Beijing E-Town, contributed 20 percent to the industrial added value of the city in 2017, although it only occupies 0.35 percent of the capital's total area.
The remarkable transformation of the Beijing suburb of Tongzhou into a major urban district in one of the world's most important conurbations is continuing to gather pace.
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