The meeting on Wednesday also decided to step up regular oversight during the pilot reform process, with more efforts going to spot checks, self-inspection inside industrial associations and credit rating practices to enhance compliance oversight.
The sharing of basic information of residents, enterprises and social organizations among government departments will be boosted to avoid unnecessary submissions, inspections and certifications.
"Government departments must be open-minded. Due approval procedures are necessary, but they are not a panacea, especially in terms of compliance oversight. We should continue to follow and improve the principle that the responsibility of oversight goes to those who give the approval and who take charge," Li said.
To further spur market vitality and encourage entrepreneurship and innovation, the meeting decided that the government will cancel 52 administrative approvals by central government departments.
The approvals are mostly related to employment and entrepreneurship, investment and doing business. Some of them are no longer necessary because of maturing market conditions. Canceling approvals enables the government departments to transform their functions to developing industry standards and performing oversight.
The meeting also decided to cancel 22 administrative approvals delegated by central government departments to lower-level governments, most of which are related to enterprise operation, innovation and entrepreneurship.
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