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    A,YEAR,OF,TRANSFORMATION

    时间:2022-09-01 23:45:03 来源:千叶帆 本文已影响


      Log in, use smartphone facial recognition, upload required documents, wait for approval and bingo—a new company is born in just 20 minutes. This is not an imaginary scenario, but a recent occurrence in the China(Hainan) Pilot Free Trade Zone (FTZ), China’s largest FTZ.
      “Chinese startups can now get an electronic business license and start their own business in Hainan from wherever they are,”said Wang Lei, Deputy Director of the Bureau of Market Supervision of Hainan Province.
      The Hainan Easy Registration, an online registration platform, was launched on January 2, with the aim of speeding up business registration. It is one of the local government’s latest moves to make doing business easier.
      A total of 25,050 electronic business licenses had been issued on the platform as of March 13, according to Wang. It means that 357 new enterprises were born per day, increasing by 51.3 percent year on year. “It helps to shorten the time needed for starting a business,” Wang told Beijing Review.
      “The business environment is a key part of the construction of the Hainan FTZ, which would not have been possible without a good business climate,” Sun Dahai, Deputy Secretary General of the Communist Party of China Hainan Provincial Committee, told Beijing Review. He added that Hainan is making every effort to create a fairer playing field for investors and tear down barriers for doing business.
      April 13 marks the first anniversary of the Hainan FTZ; last year, President Xi Jinping announced that Hainan, the southernmost island province, would be built into an FTZ, and ultimately, a free trade port.
      “In the past year, we have worked around the clock and made new breakthroughs in some key fields,” said Sun. Improving the business environment, launching pilot projects and reshuffling the economic structure are among the improvements.
      Better business climate
      In addition to the online registration platform, more steps have been taken to boost Hainan’s business environment, including an action plan rolled out at the end of 2018. A total of 40 trailblazing policies were released to facilitate procedures such as starting new businesses and getting construction permits. Moreover, China’s first international tropical farm produce trading center was opened and the first case of intellectual property securitization was released.
      Like the online registration platform, the newly opened farm produce trading center runs smoothly. Known as the Hainan International Agricultural Products Exchange Co. Ltd. (HIAPE), the center was launched in December 2018, offering both online and offline marketplaces for customers to exchange farm produce. Statistics from HIAPE showed that the volume of business totaled 50 million yuan ($7.45 million) in less than three months.
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