It was learned from Chenzhou Municipal Industrial and Commercial Bureau that 13400 new market entities were registered in Chenzhou city in the first half year with an increase of 40.23%. Newly registered capital and operation funds (excluding foreign capital) were amounted to 6.337 billion yuan, up 23.07%. With this increase part, total market entities available in Chenzhou were up to 0.12 million, up18.53%, while total registered capitals and operation funds (excluding foreign capital) were amounted to 87.763 million yuan, up 38.93%. All of those records reached high records of Chenzhou city.
In recent years, in order to promote the optimization and upgrading of industrial structure adjustment and development of market entities, more favorable policies concerned for the administrative service, approval of projects, registration process, qualification standards, etc. were carried out by Chenzhou Municipal Industrial and Commercial Bureau. Due to these policies, more private investments were joined in the market.
It was introduced that a much more efficient administrative approval process was handled out by Chenzhou Municipal Industrial and Commercial Bureau. Less administrative approval items and shorter approval time greatly helped to promote the rapid development of market entities.