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Wudang adds 1,090 market entities in Q1

english.guiyang.gov.cn|Updated: 2022-05-17

In the first quarter of this year, Wudang district in Guiyang, capital city of Southwest China's Guizhou province, added 1,090 new market entities due to the district's efforts to cultivate them and improve its business environment.

Among the new market entities are 760 individual businesses, 327 enterprises and three professional cooperatives.

Since the start of this year, Wudang district has fully implemented the negative list for market entities, accelerated the process of electronic business registration and "one-stop services", and further shortened the time needed to establish a business to within 24 hours.

Meanwhile, the district has promoted a substantial reduction in various administrative approvals, reducing the institutional cost of entrepreneurial access, reducing the burden on enterprises and continuing to stimulate market vitality.

 

 

 


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