New Measures To Reduce Red Tape

Shanghai municipality has issued new measures on the approval and filing of foreign investment projects, largely reducing the paperwork required and cutting red tape to streamline application procedures for foreign investors, Shanghai Daily reported.

A highlight is that project units will no longer be required to provide duplicate documents that can be obtained by mutual recognition and sharing of data via Government Online-Offline Shanghai.

Read the full report: Shanghai Daily

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.