China has stepped up support for small businesses, especially sole proprietorships, by launching new websites with better services, according to the state administration for market regulation. The latest government data showed that of China’s 150 million market units, 102 million are sole proprietorships and 43.17 million are small and micro enterprises. They depend on accessible services and information to survive.
The two new websites, which will go online on December 16, one as an integrated registration service platform for all market participants and the other as a window of interaction between government and business, have been set up to meet these requirements. The websites provide timely and accurate information on the market and the relevant guidelines.
China also has rolls two platforms to improve services for the self-employed and private companies as part of the country’s wider effort to support all market participants for greater vitality. The latest government data showed that of China’s 150 million market enterprises, 102 million are self-employed and 43.17 million are small and private enterprises. They depend on accessible services and information to survive.
One of the new platforms integrates the portal into indispensable administrative business processes in various locations in China. Self-employed and private companies can apply for company registration, changes and deletion on the integrated platform.
The other platform offers channels to understand, apply and inquire about relevant guidelines and information. For example, you can find out about current small loans from various banks and financial institutions and apply for them.
The step is intended to further support the development of the self-employed and private companies in the country, relieve their bottlenecks in their business activities and make the business performance policy more accessible to them. The recent Central Economic Work Conference said China will use its macroeconomic measures to continuously stimulate the vitality of market entities over the next year.
Such efforts have given us self-employed a down-to-earth help. A more timely policy will help overcome some temporary difficulties, especially those resulting from COVID-19. China’s self-employed and private companies have developed rapidly and have played an important role in stabilizing economic growth. The country will closely monitor their operating conditions and provide stronger political support.
The Ministry of Industry and Information Technology said private companies contribute, on average, about 50% of tax revenue, 60% of GDP, 70% of technological innovation and 80% of urban employment. China’s economy will be buoyant to some extent if private and smaller businesses remain solid. Many of them are increasingly recognized for their role as leaders in new concepts and new business models.
As OpenGov Asia reports, China has issued a guideline on the development of the mobile device for a nationwide integrated administration services platform in order to bring more government services online via mobile phones. The development will combine mobile devices of the administrative service platforms at the state level, departmental level of the State Council and provincial level.
The guideline promotes the creation of uniform standards with regard to the development and access to the integrated mobile device, its quality management and security protection and management. The integrated system will contain a list of high-demand services that can be accessed with a tap, including education, social security, healthcare and taxation. A unified administration should improve procedures and streamline documents in the delivery of mobile administrative services.
The guideline also calls for a standardization of identity recognition, also supra-regional, cross-departmental, data exchange and application management. Management service platform mobile terminals should introduce better features such as personalized records, easier search, service assessment and senior-friendly modes, and can be extended to public transportation, utilities and other services related to people’s livelihood. The directive calls for the use of technologies such as big data, artificial intelligence (AI) and 5G to facilitate access to mobile administrative services.