Zhang Mao, head of the State Administration for Industry and Commerce, greets journalists at a press conference on deepening reforms to commerce affairs administration for the fifth session of the 12th National People’s Congress in Beijing, March 10, 2017.[Photo/China Daily]
China’s top industry and commerce regulator will combine multiple business licenses into one to further facilitate market entry, said Zhang Mao, head of the State Administration for Industry and Commerce, at a news conference on March 10.
This task is expected to be completed before Oct 1, Zhang said.
The administration will try to enable all startups to register online within this year, sparing the entrepreneurs the leg work of going to a physical office.