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Approval time for enterprise investment to be shortened

Updated : 2020-05-15 (chinadaily.com.cn)

Zhoushan plans to slash the examination and approval time for general enterprise investment projects to no more than 80 days, in an effort to further optimize the business climate. 

To achieve this goal, the city will coordinate efforts to accelerate administrative procedures. 

More efforts will be made to monitor investment projects according to type, processing stage, and time. 

The procedures and materials needed for examination and approval will also further be streamlined via e-governance platforms.

As of May 6 this year, 11 projects in the city had completed examination and approval procedures within 50 days, according to official data from a local online investment platform.

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Zhoushan plans to slash the examination and approval time for general enterprise investment projects to no more than 80 days, in an effort to further optimize the business climate. [Photo/WeChat account: china-zjftz]