Poli­cies to ease govern­ment ap­proval of in­vest­ment projects

China Daily (USA) - - POLICY REVIEW -

A State Coun­cil ex­ec­u­tive meet­ing on Oct 8 de­cided to fur­ther re­duce the num­ber of in­vest­ment projects that re­quire govern­ment ap­proval to deepen re­form and re­lease mar­ket dy­nam­ics. It has also de­cided to sim­plify ap­provals of man­age­ment of for­eign-owned en­ter­prises to cre­ate a more open mar­ket en­vi­ron­ment, and has ap­proved an agri­cul­tural mod­ern­iza­tion plan to pro­mote up­grad­ing and help in­crease farm­ers’ in­come.

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