East China’s Jiangsu province has continued to optimize the business environment by promoting market supervision to the satisfaction of the corporate sector.
A lady surnamed Su visited the market supervision authority in Suqian city for business registration.
By filing the application online and going through the formalities, she got the registration in a matter of three hours.
A woman with a business in Suqian
It’s much faster than
what it was in the past
Otherwise I would have
spent four of five days
but now I only spent less than
half a day without visiting the banks
Ms Su has benefited from the whole chain business registration platform launched by the market supervision authority one year ago when the market supervision department was established from mergers.
The market supervision system in Jiangsu has continued to deepen the reform of the business environment, and strives to create a stable, fair, transparent and predictable business environment so as to empower the mass entrepreneurship and innovation campaign. Up to now, the provincial authority has cut the time spent on business registration to 2.17 days, boosting the total number of market players to more than 10 million.
Xue Ronggang, director of business registration, Jiangsu Market Supervision Authority
We have been making our utmost efforts
to streamline government functions
and cut back on formalities
so that the province has seen
a growing number of market players
since the reform started last year
In the meantime, the market supervision departments at all levels in the province have enhanced quality improvement by releasing 20 facilitative measures and launching a complaint hotline to help consumers retrieve 213 million yuan of economic losses.