The first foreign-invested enterprise to benefit from the mutual recognition of registration documents in the Yangtze River Delta (YRD) region was successfully registered in Hefei, Anhui province on Sept 28.

This year, the commerce bureaus of Anhui, Jiangsu, Zhejiang, and Shanghai in the YRD took measures to simplify registration materials and allow for the mutual recognition of subject qualification documents for foreign investors to make it easier for foreign-invested enterprises to register in the region.

Due to the new measures, Weishi Techonology was recently able to register more easily in Hefei after its US investors established another company in Hangzhou, Zhejiang province this year. The Hangzhou commerce bureau was able to provide evidence of the US investors' subject qualification documents, meaning the company did not have to acquire such documents from the United States.