China has released a guideline to accelerate the establishment of a unified domestic market amid efforts to build a high-standard market system and promote high-quality development.
A chart showing the process of doing business in Qingdao West Coast New Area
The Qingdao Area of the China (Shandong) Pilot Free Trade Zone, or Qingdao FTZ, decided to pilot a new regulation on market entity registration on Oct 8, with the goal of streamlining the processes of market entities' registration processes by simplifying procedures and incorporating online options.