China will take key measures to advance reforms for separating operating permits from business licenses as part of the ongoing efforts to energize market entities and create a better business climate, a new document said.

  Starting July 1, China will adopt list-based management for all items requiring administrative approval across the nation, and more efforts will be made to further carry out reform pilots in free trade zones, said the document released by the State Council on Thursday.

  The reforms will eliminate redundancy, change certain approval processes for record keeping, and establish a system for businesses to get the necessary notifications. By the end of 2022, the country will strive to establish business rules that are simple, efficient, fair and transparent.

  According to the document, China will put an end to the phenomenon of "letting firms in but not letting them do business" in fields like foreign investment, foreign trade, engineering construction and transportation and logistics.

  The country will also strive to relax market access in fields such as trade flows, education and training, healthcare, food and finance. More efforts will be made to cut back on the permits and certificates now required once a business license is issued, while administrative procedures will be simplified in sectors such as agriculture, manufacturing, production, services, consumption, telecommunication and energy.

  Source: China Daily