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Shanghai Daily News Digest

Shanghai to greatly cut time to scrutinize non-state investment projects   2018-02-23

 

 

Shanghai plans to drastically shorten the time to scrutinize non-state investment projects from the current 105 working days to between 15 and 48 working days as it bids to improve the approval process. The city government's new reform to examine non-state investment projects to make it more efficient and improve the business environment will take effect from March 1.   The time taken to scrutinize non-state investment projects will be greatly shortened from the current 105 working days for all categories. The maximum time taken to approve various projects will be set at 15, 35 and 48 working days respectively for industrial projects, small-scale projects and other non-state projects.  

 


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