Arab Today, arab today chinese city trades stamps for growth
Last Updated : GMT 02:53:08
Arab Today, arab today
Arab Today, arab today

Chinese city trades stamps for growth

Arab Today, arab today

Arab Today, arab today Chinese city trades stamps for growth

Chinese city trades stamps for growth
Hohhot - XINHUA

Streamlining administration and delegating power is not mere political rhetoric in China. In the northern city of Baotou, they are a way of salvaging the economy from decay.

Baotou, in Inner Mongolia Autonomous Region, was built on coal. Since coal prices went into decline in 2012, the city has struggled.

Taking the central government at its word, Baotou has reduced its administrative procedures by 84 percent, the most of any city.

"Heavy government control blocked market access and hurt entrepreneurship," said Bao Gang, mayor of Baotou.

Red tape is almost a way of life in China. In order to get a business up and running, an entrepreneur previously had to visit at least three government offices to get essential certificates.

In Baotou, it has become easier to get into commerce. A real estate project in Baotou once took 183 days to get 11 approvals from planners, quality inspectors, the environmental bureau and others. Now it takes only 42 days. One real estate developer in Baotou reckons the new efficiency has saved his company at least one million dollars.

Qian Lehua of Baotou Second Hospital used to make five trips to the same health department to register new employees every year. Now everything is done in Baotou administrative affairs center.

In 2014, 6,579 companies were established in Baotou, up 65.3 percent year on year. Registered capital of these companies totaled 20 billion yuan, up 116 percent. The new companies brought 54,600 new jobs, and the city's GDP grew 8.5 percent last year.

In the first six months this year, 3,785 new companies were set up, roughly one thousand more than in the same period last year.

"If one never washes dinnerware, it never has a chance to break," Bao countered nay-sayers. "Many people fear that taking their hands off the stamps will cause problems, but a year has passed and things have not gotten any worse, only better," said Bao.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today chinese city trades stamps for growth Arab Today, arab today chinese city trades stamps for growth

 



Arab Today, arab today
Arab Today, arab today Fadi Kataya explains secrets of  Nancy Ajram's newlook
Arab Today, arab today Messi visit will contribute in tourism

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Mental conflict endures

GMT 07:36 2017 Friday ,24 February

Mental conflict endures
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Wafaa Amer is happy for Sherihan’s return

GMT 07:36 2017 Wednesday ,22 February

Wafaa Amer is happy for Sherihan’s return
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 05:19 2017 Tuesday ,21 February

Salma Rashid happy for 'A Whisper of Love'

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 07:51 2017 Wednesday ,22 February

Mom's immune system accepts babies

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday