App

China implements new regulation to optimize business environment
Updated: January 1, 2020 15:40 Xinhua

BEIJING — China started to implement the regulation on optimizing the business environment to unleash the productive forces and promote high-quality development on Jan 1, 2020.

Drawing on the experience and practices, the regulation specifies the principles and directions for fostering a stable, fair, transparent and predictable business environment.

The regulation stipulates that the State shall provide equal protection to all market entities, and protect their managerial autonomy, property rights and other legitimate rights and interests.

It also clarifies rules regarding solid implementation of tax and fee reduction policies, and easing financing difficulties.

Copyright© www.gov.cn | About us | Contact us

Website Identification Code bm01000001 Registration Number: 05070218

All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to www.gov.cn.

Without written authorization from www.gov.cn, such content shall not be republished or used in any form.

Mobile

Desktop

Copyright© www.gov.cn | Contact us

Website Identification Code bm01000001

Registration Number: 05070218