China takes measures to simplify the registration of companies with foreign investment

China from the end of June will significantly simplify the registration of enterprises with the participation of foreign investment, in order to increase the inflow of foreign funds into the country. Innovations that, according to the requirements of the State Council of China, will come into force on June 30, will allow businesses to register for free, for which it will simply be necessary to fill out a blank form on the website of the local market control agency. As the deputy minister of trade of the People's Republic of China, Wang Shouwen, said, the local authorities had developed an action plan for this purpose and intensified technical training. According to the Ministry of Commerce of China, for the first 4 months of 2018, the number of registered new enterprises with foreign capital increased by 95.4% compared to the same period last year.

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