BEIJING, Aug. 20 (Xinhua) -- North China's Hebei Province will make efforts to further improve business environment in terms of enterprise establishment, project approval, service for the general public, supervision, and online services, according to a five-year action plan recently released by the local authority.
According to the plan, Hebei will solidly promote investment approval reform. For the enterprise's investment project from the project establishment to completion and acceptance, it will strive to reduce the time for government approval to less than 80 working days in 2022.
Meanwhile, the province will carry out tax and fee cleanup reforms to reduce the burden on market players. It will comprehensively implement the central government's policies of cost reduction for enterprises and adopt targeted and systematic measures to reasonably reduce the enterprises' costs of taxes, fees, financing, and logistics.
It will reduce the cost of real economy enterprises by 30 billion yuan every year from 2018 to 2022, and cut the cost of about 150 billion yuan in total in the five years, said the action plan. (Edited by Hu Pingchao, hupingchao@xinhua.org)
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