BEIJING, April 10 (Xinhua) -- China is ramping up efforts in optimizing business environment to stabilize development of enterprises and economy amid the fight against COVID-19, reported Economic Information Daily Friday.
"By March, more than 100 reform measures had been introduced nationwide to improve the business environment, with 70-odd of them promoted across the country," said Ren Rongfa, Deputy Commissioner of China's State Taxation Administration, recently.
According to the report, central China's Henan Province started to solicit public opinions on its regulations to optimize business environment recently, and the Chinese capital city Beijing has already approved its own business environment optimization regulations which will be effective on April 28 this year.
A number of regions have also announced key tasks to improve business environment.
East China's Zhejiang Province would focus on helping enterprises with work and production resumption amid the epidemic while improving the business environment. Shenzhen of south China's Guangdong Province works out 210 reform measures centering on 14 key areas like business registration, project approval, corporate financing and cross-border trade.
Judging from the regulations and key tasks announced by all localities, reduction of enterprises' burden and stimulation of market vitality have been further highlighted, said the report.
For example, Zhejiang proposed to further advance the "10 + N" initiative to improve facilitation in starting a business, carrying out cross-border trade and getting credit.
It also put forward to cut taxes, fees, rent, interest and expenses for enterprises by about 150 billion yuan for the year, and to deepen the reform regarding electricity to ensure lower electricity price for industry and commerce.
Improve business environment at this critical time is particularly crucial, which is helpful for enterprises to tide over difficulties posed by the epidemic and socio-economic development back on track, noted experts. (Edited by Gu Shanshan with Xinhua Silk Road, gushanshan.1987@163.com)
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