China is taking significant steps to enhance its business environment by eliminating illegitimate charges levied on enterprises. On Friday, Chinese Premier Li Qiang presided over a State Council executive meeting focused on establishing a long-term supervision mechanism for enterprise-related fees.
The meeting emphasized that strengthening supervision over these charges is crucial for reducing operational costs and optimizing the overall business climate. Officials highlighted the necessity of comprehensive oversight to build a coordinated and efficient regulatory framework.
Key measures include improving the catalog system for enterprise charges, intensifying efforts to address irregular fees, and setting up a monitoring and evaluation mechanism. These initiatives aim to stabilize market expectations and boost confidence among businesses operating in China.
In addition to economic reforms, the meeting reviewed and approved a draft revision to the marriage registration regulation, underscoring efforts to make marriage registration more standardized and convenient for residents.
This move reflects China’s commitment to fostering a favorable environment for both domestic and international enterprises, reinforcing its position as a global economic powerhouse.
