The number of items subject to government approval will be cut. All existing items requiring government approval will be thoroughly reviewed, and a list of administrative review items will be released by the end of next March when any administrative review conducted outside the list's purview will be seen as a breach of regulation.
The reviewing procedures for corporate investment will be further streamlined. Measures for reforming the process of business registration cancellation will be formulated by the end of the year.
The meeting also urged for reducing the tax and fee burden on enterprises as well as their social security contribution rate. More concrete measures shall be formulated in these respects.
The government must enhance the efficacy of its services. These services must be standardized, the items subject to administrative penalty will be streamlined and measures to regulate the exercise of discretion will be formulated. No arbitrariness or a one-size-fits-all approach will be allowed in law enforcement.
"There is a direct linkage between the state of a business environment and efforts of the government," Li said. "It is important that the government work out a law-based list of items subject to government approval. Issuance of a business license and that of administrative permits must be decoupled."
To improve compliance oversight and build on the regulatory approach of random selection of inspectors and market entities to be inspected as well as public release of the inspection results, it was decided at the meeting that an Internet Plus regulation system will be established based on the national government service platform.
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