February 24, 2024

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Preparing Chengdu, China for a Business 5.0 Environment

The Chengdu Network Administration Office in China released Chengdu’s business environment 5.0 and the Ten Measures for Continuously Optimising and Improving Chengdu’s Business Environment (Ten Measures).

As a guide, the Ten Measures actively promotes usage scenarios by intensifying the application of government affairs data, electronic certificates, electronic seals, and electronic files, and upgrades and enables data to empower the development of a business environment and advantage more enterprises in various places.

Chengdu will also enhance cross-departmental, cross-field, and cross-level intercommunication by accelerating system connectivity and data exchange of public utility platforms at all levels.

Chengdu’s service quality and efficiency will be vastly improved. The local government will expand government service items such as enterprise registration, change, and other government service items.

In addition, the city will enable financing loans, social security employment and policy pushes for firms following the application to increase the ease of handling and approval efficiency.

The city is committed to consistently improving market player satisfaction and the effectiveness of investment and entrepreneurship and creating a highland for development and entrepreneurship.

Chengdu will develop a full-process online office for engineering construction project approval, promote the electronification of engineering construction project approval materials and confirmation results and automated certificates “one-time generation, unified circulation, conformity assessment and sharing” to maximise the quality and efficiency of engineering approval services. The new approach will reduce businesses’ resources and time to apply for construction permits.

According to the Chengdu Network Administration Office’s Business Environment Construction Division, the Ten Measures list the reform items of the national business environment innovation pilot reforms, combined with the Chengdu-Chongqing Economic Circle, the Park City Demonstration Zone and the Chengdu Metropolitan Circle.

Chengdu will use the standardised address and registration model to make it easier for businesses to start. Furthermore, it will extend the reform of “one licence, multiple addresses and optimise market entities’ access and exit mechanisms. The information updates of enterprise branches and chain stores will be incorporated into the same city general office. A closure system will be established to facilitate market entity termination.

Simultaneously, the rule will implement one-stop joint services for enterprises and the public, such as water, electricity, and so on, as well as reform the “land use list system” for social investment projects in functional areas such as free trade pilot zones and industrial parks. The plan review is integrated with time management.

The city believes approval time can be successfully decreased by optimising the approval department’s internal approval process and enhancing the approval process’s oversight and notification mechanism, as well as the firms’ waiting time and handling costs.

Cleaning up and cancelling disparities in enterprise qualification acquisition, bidding, government procurement, and rights protection will be another focus of the law. Non-essential requirements such as excluding and restricting competition must be eliminated. A long-term screening process must be established to break down hidden barriers and unjustified thresholds.

Simultaneously, Chengdu will optimise regulatory resource allocation based on credit risks, promote credit classification and classification in critical areas such as food, engineering construction, auctioning, factory safety, firefighting, medical and health care, and ecological nature conservation, and integrate differentiated surveillance based on risk levels.

To reduce the impact on market players’ production and operation activities, the regulation will investigate the implementation of a list of items that will not be punished for the first violation, as well as a list of items that will not be subject to administrative compulsory measures in the field of market supervision.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

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CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

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Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

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SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

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HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

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IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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