State council streamlines approval processes

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China has revised 21 administrative regulations to decentralize power and streamline bureaucratic approval to stimulate the market.Through the amendments to 13 regulations related to sectors including telecoms and financial services, 23 steps of administrative approval have been removed, read a Friday statement of the State Council. The revision allows the central government to delegate administrative approvals to governments at lower levels, affecting a wide range of fields from higher education to management of explosives and radioactive devices.This is the latest move since the State Council began a new round of restructuring and transforming government functions in March, 2013.Through canceling and decentralizing administrative approvals, the central government expects to give local governments more leverage and flexibility and shift the focus of government work to supervision.These reforms are aimed at further unleashing market dynamics, according to the statement. Tags: Rapid Prototyping, Rapid Prototyping China, Plastic Tooling, Plastic Tooling China, Rapid Prototype, Rapid Prototype China, Rapid Tooling, Rapid Tooling China, CNC Prototype, CNC Prototype China, Functional Prototype, Functional Prototype China, Metal Prototype, Metal Prototype China, Plastic Prototype, Plastic Prototype China, Rapid Manufacturing, Rapid Manufacturing China, Low volume production, Stereolithography, Stereolithography China, Vacuum Casting, Vacuum Casting China, whatsapp marketing, wechat marketing, seo, e marketing, �W��OӋ�ṩseo, e marketing, web design by zoapcon