Rules effective to optimize business environment

Writer: Zhang Yu  |  Editor: Stephanie Yang  |  From: Shenzhen Daily  |  Updated: 2020-12-29

The city’s recently enacted regulations on optimizing the business environment will become effective Jan. 1, 2021, according to a press conference held by the Information Office of Shenzhen Municipal Government at the Civic Center in Futian District on Friday.

The promulgation of the regulations indicates that Shenzhen will strive to create a world-class business environment with greater determination, courage and reform at a higher level of the rule of law.

Guo Yuehua, deputy director of the city’s development and reform commission, said at the conference that the regulations will serve as the legal standing for the government and public service departments to perform their duties, as well as for market entities to enjoy a quality business environment and safeguard their legitimate rights and interests.

The new set of regulations is comprised of nine chapters and 130 clauses in six areas, which include focusing on the key links in the life cycle of market entities, providing efficient and convenient government services, creating a level playing field for businesses, innovating modes of financing, improving the efficiency of supervision and law enforcement, and improving the rights and interests protection mechanism, Guo introduced.

A number of innovative reforms have been put forward in the regulations. Under the new rules, overseas professional institutions and talented people are allowed to provide professional services in Shenzhen.

The city will implement the administrative confirmation system of business registration, facilitate the handling of enterprise-related certificates, and explore the establishment of bankruptcy reorganization identification and bankruptcy pre-reorganization mechanism.

The regulations stipulate that government departments shall not implement measures, including discriminatory industry access, qualification standards, industry promotion, government procurement and public services.

According to Li Jun, deputy head of the city’s market supervision and regulation bureau, Shenzhen has also taken the lead in China in setting up a delisting system and a deregistration system, which will be formally implemented March 1, 2021.

The regulations specifically stipulate the application and operation rules of the government service notification and commitment system and the handling of situations when certain materials for approval are in shortage, said Xu Kaijun, deputy head of the city’s government services data bureau.

Shenzhen will also take the lead in the country in bringing a flexible employment mode into creating a better business environment, and require human resource departments to strengthen service guidance and carry out shared labor, according to the new rules.