The State Council on May 24 released a document highlighting the key tasks in reforms concerning streamlining administration, combining power delegation with enhanced supervision and optimizing public services in 2016.
The reforms should be promoted in a wider range, a deeper level and more powerful measures to make the market play a decisive role in resource allocation and create a better business environment, said the document.
The first major task highlighted in the document is to continue administrative approval reform. This year, the government will further reduce more than 50 approval items at the State Council and local government levels, the document said, adding that more intermediary services approved by the State Council will be eliminated, and that approval items that must be kept should be standardized and further simplified.
The investment approval list will be revised again to cut more than 90 percent of projects that need to be approved by the central government, and the remaining investment projects will be registered and approved through a national online platform, according to the document.
In efforts to promote commercial business reform, the document said that one-third of pre-approval items for commercial registration will be cut this year, reducing more than 90 percent of the original items, and over 50 post-approval items at the same time will be canceled to lower the threshold for market access. In addition to the consolidation of three types of business licenses, social insurance and statistic code registration licenses will also be integrated into the “three-in-one business certificate”, bringing five licenses into one and reducing the operating costs for entrepreneurship.
In the reform relating to streamlining administration, the document also outlined enhancing vocational qualifications reform, expanding the autonomy rights of universities and scientific research institutions and further opening government affairs.
Meanwhile, the document also stressed strengthening innovative supervision work, through implementing a fair and comprehensive supervision and exploring supervision that uses new and innovative ways for the development of new technology, new industries, new businesses and new models. Besides the strong support for new economies, the government must be cautious and prevent possible risks, the document said.
In addition, government services should be optimized and improved, including the services for mass entrepreneurship and innovation, to create a business environment that is international, law-based and convenient, said the document.