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China to strengthen list-based management for administrative approval to support enterprises

Xinhua | Updated: 2022-01-04 21:44
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Workers on the production line of a hub manufacturer in Lianyungang, Jiangsu province. [Photo by Geng Yuhe/For China Daily]

BEIJING - China will fully implement list-based management for all items requiring administrative approval, and standardize the exercise of power to facilitate firms and benefit people to a greater extent, according to a State Council executive meeting chaired by Premier Li Keqiang on Tuesday.

The meeting also decided to conduct classification management of enterprise credit risks to make supervision fairer and more efficient.

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