Mar­ket man­ages econ­omy more in stream­lined govt

China Daily (Hong Kong) - - GUANGDONG SPECIAL - By ZHAN LISHENG in Guangzhou zhan­lisheng@chi­nadaily.com.cn

Guang­dong’s ef­forts to stream­line ad­min­is­tra­tive pro­ce­dures and al­le­vi­ate gov­ern­ment in­ter­ven­tion in the mar­ket are draw­ing pos­i­tive re­marks from busi­ness peo­ple across the prov­ince.

One of them is Hu­bert Xu, pres­i­dent of Guangzhou CDC Group, a firm of­fer­ing in­te­grated ser­vices to for­eign in­vestors.

“We started an in­dus­trial prop­erty com­pany just a few days ago. And we were re­ally sur­prised, and of course pleased, to get the busi­ness li­cense so soon,” he told China Daily in a re­cent in­ter­view.

“The ef­fi­ciency was much higher than we ex­pected,” he said, at­tribut­ing it to the re­form of busi­ness reg­is­tra­tion pro­ce­dures that the Guangzhou gov­ern­ment ini­ti­ated in Septem­ber.

“The re­form of busi­ness reg­is­tra­tion pro­ce­dures is un­doubt­edly a ben­e­fit for a com­pany,” Xu said. Among many other changes, it ex­empts a busi­ness from get­ting a per­mit be­fore ap­ply­ing for a li­cense and meet­ing paidin cap­i­tal re­quire­ments.

Gov­er­nor Zhu Xiao­dan said “Guang­dong has cut and stream­lined ad­min­is­tra­tive ver­i­fi­ca­tions and ap­provals strictly as re­quired by the State Coun­cil in the past year”.

“A to­tal of 508 ad­min­is­tra­tive ap­proval re­quire­ments have been abol­ished, placed un­der con­trol of sub­or­di­nate gov­ern­ments, or en­trusted to other or­ga­ni­za­tions,” he added.

Ac­cord­ing to a re­form plan for man­ag­ing cor­po­rate in­vest­ment that took ef­fect in March, the prov­ince will axe ver­i­fi­ca­tions and ap­provals by about 70 per­cent and shorten the whole ad­min­is­tra­tive pro­ce­dure by about 50 per­cent by 2015.

Guang­dong’s ad­min­is­tra­tive re­form fol­lows the prin­ci­ple that items that can be self-reg­u­lated by the mar­ket and so­ci­ety are ab­so­lutely ex­empted from ad­min­is­tra­tive ap­proval.

Func­tions that can be un­der­taken by so­cial or­ga­ni­za­tions are trans­ferred, as are those that can be done by low­er­level gov­ern­ments, Nan­fang Daily re­ported re­cently.

And some city or dis­trict gov­ern­ments have even made pub­lic the list of what they can and can­not do so peo­ple have a good un­der­stand­ing of the gov­ern­ment’s power lim­its.

In the view of Xiao Bin, a pro­fes­sor with Guangzhoubased Sun Yat-sen Univer­sity’s school of gov­ern­ment, Guang­dong’s ad­min­is­tra­tive re­forms will help cre­ate a mod­ern ser­vice-ori­ented gov­ern­ment that steps away from mi­croe­co­nomic man­age­ment.

But he sug­gested the gov­ern­ment should strengthen its role in su­per­vi­sory work to keep eco­nomic vigor and mar­ket or­der in bal­ance.

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