| China’s administrative examination and approval system has been being affected by the cancelled planned economy approach.The imbalance between the regulation of government and that of market at government’s disposal held China’s economy from thriving,and brought problems to light.After China entered WTO in 2001,the imbalance worsened and overseas capital swarmed into the country,which motivated Chinese government to start the administrative examination and approval reform.Two decades since then,more than 80 percent of projects have been covered by the reforming process.In recent years,as a result of global financial environment and restructure of domestic economy,China’s economy faces a constant slowdown.Fixed investments are increasingly important in driving the economy.Therefore,how to facilitate fixed investments becomes a significant part of the reform.The State Council carried out the reform approach of administrative streamlining,power delegation,and optimizing public service.Take the area of constructive engineering for example,the reform has yet to accomplish.Word Bank ranked China’s business environment below 70 th,and building permit licensing ranked in particular around 170 among 198 equivalents worldwide.These figures reflect how fixed investments projects in China are hindered from further development.Under the circumstances,Beijing launched an administrative examination and approval reform aimed at optimizing business environment since 2018.The municipal government took WB’s rates as industrial standards,and led the reform concerning all aspects and procedures of the administrative system.57 related regulations and 41 categories of projects were covered.We can assume that the reform carried out by Beijing government is a rather complete one,with a relatively refined administrative examination and approval system already taking shape.However,there is still room for improvement,given that the e-government system is yet to complete,and some small and micro business projects are left uncovered. |
