Reform measures boost Guangzhou's business environment
The Guangzhou city government has made significant efforts to improve the local business environment, and these efforts have produced notable results in recent years.
At present, the number of all-type market entities in Guangzhou exceeds 3.1 million. In 2022, the city saw about 120,000 new market entities and the number of enterprises grew by 4.84 percent, according to the report.
Since 2018, Guangzhou has undertaken several business reforms, beginning with streamlining administrative processes. Authorities have also promoted cross-departmental administrative approvals and comprehensively optimized government services. Currently, the city is working on establishing a more efficient and effective whole-lifecycle service system for enterprises by innovating and reforming the existing system.
In May 2022, Guangzhou shared its successful reform experience involving e-government, tax payment and electricity accessibility during a conference co-hosted by the World Bank and the Chinese Ministry of Finance, the report said.
In September 2022, the General Office of the State Council published a report on the integrated government service capability of provincial and key city governments, which showed that Guangzhou had retained its advantage in the relevant field among major Chinese cities, according to the news report.
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