China launches inspection to improve business environment

Updated: Oct 10, 2019 Xinhua Print
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A bird's-eye view of the central business district in Beijing. [Photo/VCG]

BEIJING - China is launching an inspection in provincial-level regions to secure a law-based business environment for the private sector, according to central authorities.

Inspection teams will visit private enterprises, conduct investigations and hear opinions from the people, law enforcement and judicial organs at the primary level to uncover problems in building a law-based business environment, and suggest remedies after further research.

The inspection will focus on establishing institutional guarantees for private business development, improving government service and offering high-quality legal services for the private sector.   

China's State Council on Tuesday passed a draft of regulations on improving the business environment by offering market entities institutional guarantees when they invest and develop business in the country.

The draft aims to establish basic institutional norms in the business environment that give equal treatment to all market entities, including domestic and foreign enterprises.

The inspection will conclude before late December.

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