Shanghai FTZ pilots reform in 'separating permits from business licenses'
In 2016, the Shanghai FTZ was approved by the State Council to be the first pilot area to carry out the reforms concerning separating operating permits from business licenses, as part of efforts to put an end to letting companies in but not letting them do business.
Reforms were also implemented for 116 administrative approval items to help establish simple, efficient, fair and transparent business rules.
These successful experiences have been promoted nationwide.
A news conference on deepening reform for separating permits from business licenses in Pudong New Area is held on Nov 1, 2017. [Photo/Shanghai FTZ]