Local governments are implementing measures to optimize the business environment
Since April, Beijing, Chongqing, Guangzhou, Tianjin, Hangzhou, Shenzhen and other cities have all issued new policy measures on the business environment.
He Daixin, Director and Researcher of the Finance Research Office at the Institute of Finance and Economics Strategy of the Chinese Academy of Social Sciences, told Securities Daily reporters that the business environment refers to the sum of external factors and conditions such as government environment, market environment, legal environment, and cultural environment involved in the process of market entry, production and operation, and exit for market entities. Local relevant departments have proposed improvement measures for key issues highlighted by business entities, which will help improve the level of government services and enable various types of business entities to "enter, exit, and live well".
Balancing admission and exit
From this round of work deployment, 'supporting foreign-funded enterprises' has become a key keyword in some local new policies. For example, the "Thirty Measures for Optimizing the Business Environment in Guangzhou (2026)" proposes to "support foreign-funded enterprises to establish headquarters, research and development centers, etc. in Guangzhou, and for overseas investors who reinvest profits into industries that encourage foreign investment, the tax payable shall be offset by 10% of the investment amount"; The "Work Plan for Comprehensive Optimization of the Business Environment by the Beijing Municipal Administration for Market Regulation in 2026" emphasizes the need to "improve the convenience of entry for foreign-funded enterprises".
Optimizing the foreign investment environment is a necessary question for all regions to create a market-oriented, rule of law, and international first-class business environment. For a long time, foreign-funded enterprises have played an active role in expanding investment, stabilizing employment, technological innovation, industrial upgrading, and other aspects, contributing important forces to the high-quality development of local economy and society. Nowadays, many regions are starting from different perspectives to create favorable conditions for foreign-funded enterprises to increase capital and expand production, which helps to better guide foreign-funded enterprises to release value in accelerating the construction of a new development pattern.
How to promote the orderly exit of business entities has also become one of the focuses of attention in many new policies. For example, the "Chongqing 2026 Work Task List for Optimizing the Business Environment" clearly requires "improving the management system of mandatory cancellation, mandatory liquidation, batch revocation, and re registration, and promoting the market exit of enterprises and individual businesses that have not operated or stopped operating for a long time".
Associate Professor Liu Chunsheng from Central University of Finance and Economics stated in an interview with Securities Daily that multiple measures to optimize the exit path of business entities and improve the exit mechanism can effectively reduce exit costs, prevent debt risks, further regulate market operation order, and better promote the activation of idle resources and improve resource allocation efficiency.
Central local collaborative efforts
Optimizing the business environment is an important means to boost social confidence and enhance development momentum. Since 2026, based on the actual development and the needs of enterprises and individual businesses, China has introduced improvement and reform measures covering many fields such as finance, smart supervision, and credit evaluation, in order to stimulate market vitality and the endogenous driving force of business entities.
For example, on April 2nd, according to the official website of the State Administration of Taxation, the State Administration of Taxation and the State Financial Supervision and Administration jointly issued a notice on further deepening and regulating the "bank tax interaction" work, fully leveraging the important role of tax payment credit in the construction of inclusive financial system, and supporting the financing development of private and small and micro enterprises, as well as individual businesses; On the same day, the General Office of the State Council issued the Implementation Plan for Establishing a Comprehensive Evaluation System for Enterprise Credit Status, aiming to promote the honest and law-abiding operation of enterprises and create a good market environment.
From the release pace of incremental policies, both the central and local levels have been vigorously promoting the continuous optimization of the business environment since the beginning of the year. The policy measures at different levels complement each other, jointly consolidating the institutional foundation for building a market-oriented, rule of law, and international first-class business environment in China, and providing support for accelerating the construction of a unified national market and achieving positive results. At the same time, based on the current situation, there will be more precise efforts and multi-point measures targeted at the business environment in the future.
In the practice of optimizing the business environment, various regions should not only adapt to local conditions and solve targeted difficulties and obstacles that affect the development vitality of local business entities, but also strengthen cross regional coordination and cooperation on the basis of deepening the construction of a unified national market, maximize the consistency of rules and standards, improve policy implementation efficiency, truly reduce institutional transaction costs, and create a fair, transparent, and predictable market environment. "Yu Fenghui, senior researcher at Pangu Think Tank (Beijing) Information Consulting Co., Ltd., told Securities Daily reporters.