“In 2022, 565,000 new enterprises were founded in Heilongjiang," said Wang Yixin, vice-governor of Heilongjiang. — Bloomberg
HARBIN: Northeast China’s Heilongjiang province has taken a series of targeted measures in recent years to improve its business environment and such steps have yielded remarkable results, provincial officials say.
“In 2022, 565,000 new enterprises were founded in Heilongjiang. The actual utilisation of funds from regions outside the province was 297.5 billion yuan (RM193bil), up 47.9% year-on-year,” Wang Yixin, a deputy to the National People’s Congress (NPC) and vice-governor of Heilongjiang, said at a news conference at the NPC in Beijing.
“We were glad to receive praise from investors who were surprised by the great changes in the business environment in Heilongjiang.”
The province is accelerating the construction of infrastructure for digital governance. Government services will become more convenient and timely for enterprises and narrow the gap with developed regions.
The province is using methods like aggregation and sharing of government data, optimisation of procedures, and introduction of openness and transparency in working processes, he said.
In recent years, the province also launched a series of laws and regulations to build a law-based business environment and strengthen the institutional foundation for improving it.
Furthermore, Heilongjiang has implemented a four-list system of inclusive and prudent supervision and law enforcement to create a more lenient development environment for enterprises.
Any enterprises found guilty of poor conduct or illegal practices will receive warnings and be guided to timely self-correction, which could then lead to exemptions or mitigation of punishment.
This is expected to proactively eliminate and mitigate social harm and other undesirable consequences of errant corporate behaviour. — China Daily/ANN
