Expanded reforms to boost business climate

Red tape cut by State Council meeting led by Premier Li Keqiang

China will keep streamlining administration approvals and reducing red tape to improve its business environment, a State Council executive meeting chaired by Premier Li Keqiang decided on Wednesday.

The government will expand a pilot reform in Shanghai's Pudong New Area to simplify obtaining a business license by separating it from administrative approvals involving 116 approval items. The reform will be expanded to 10 free trade zones across the country. Provincial governments are authorized to extend the measures to eligible national-level new areas.