China plans to gradually begin easing applications and approval procedures for foreign investors, the official China Securities Journal reported on Wednesday, citing remarks by a senior official from the Ministry of Commerce at a conference.
Deputy bureau chief of the foreign trade department Huang Feng said the ministry had selected pilot regions in which to trial a new regulatory regime that will streamline paperwork and auditing processes for foreign companies.
via Business feed http://www.scmp.com/business/china-business/article/1253939/china-plans-cut-red-tape-boost-foreign-investment
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