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Hangzhou creating world-class business environment

KUALA LUMPUR, Jan 9 (Bernama) — A conference was held in Hangzhou recently with a view to improving government services, investment and trade, industrial development, entrepreneurship and innovation, ecology and life, and more to create a world-class business environment.

In recent years, Hangzhou has been working towards building a business environment in accordance with international standards, rules and practices, continuously optimising institutions and mechanisms, upgrading the development of the real economy entirely, and promoting high-quality economic development.

With the promotion of business registration reform, the process and time needed for government services has been greatly shortened resulting in 64,000 new companies being set up in the first half of 2018 alone, a year-on-year growth of nearly 30 per cent.

Source: BERNAMA (News Agency)

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