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Businesses are starting to benefit from latest reforms

By Charlie Clarkson| China Daily| Updated: June 14, 2017 L M S

Unlike the previous "step-by-step" format, the "At Most One Visit" effectively streamlines various departmental procedures to save what Jiang Weihong, an officer at the center, called an "immeasurable" amount of time.

Officers from such centers are also often stationed in-house at developing enterprises to further increase efficiency between business and administrative services.

Jiaxing's Nanhu district has established a similar administrative examination and approval department, to facilitate small and medium-sized enterprises, or SMEs.

The center is making approval decisions 60 percent faster than the statutory requirement, and has introduced a host of unique industry-focused initiatives.

Although entirely optional, a new electronic certificate integrates business licenses and title certificates for 18 different industries in the region, including food, medical and education.

Speaking at last year's Two Sessions in Beijing, Zong Qinghou, chairman and general manager of China's largest beverage company Hangzhou Wahaha Group, felt that Zhejiang's "At Most One Visit" reform helps increase administrative efficiency.

"As big companies like Wahaha have branches around the nation, we hope Zhejiang's service can be replicated throughout China," Zong said.

As well as advancing nationwide development, the province's new systems have established principles and capabilities for beneficial market growth.

Zhejiang's industrial added value amounted to 1.797 trillion yuan last year, up 6.6 percent from 2011, while the service industry's contribution surged to 51.6 percent.

This was compared to 44.6 percent in 2011, indicating optimization of the industrial sector.

Data from the Zhejiang Statistics Bureau revealed the province's GDP reached 4.65 trillion yuan last year, equaling Turkey, the world's 18th largest economy.

Zhejiang's year-on-year GDP growth hit 7.9 percent in 2016, higher than the nation's 7.3 percent as a whole.

"We expect these reforms will further attract more high-quality businesses to Zhejiang, upgrade industrial structures and consolidate industrial performances," said Zhuo Yongliang, chief researcher of the Research Center of Information Technology & Economic and Social Development, an independent academic institute.

Zhang Xiang contributed to this story

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