For instance, the approval time for construction projects in the city has been shortened to less than 70 workdays, while the time required for enterprise investment projects has been slashed to a maximum of 47 workdays, down from 172 workdays. The 105 items that enterprises previously had to declare in order to import goods have been reduced to just nine.

The optimized business climate has stimulated the local market. Official data show that last year, the number of private enterprises and amount of registered capital increased by 10.3 percent and 10.4 percent year-on-year, respectively. 

The local government plans to further deepen systemic reforms in key areas, including market access, government services, supervision and law enforcement, and protection of market entities.