Tianjin to speed up enterprise approval process

As one of the three parts of the new pilot Tianjin Free Trade Zone, Tianjin Binhai New Area Central Business District will complete work on its service hall on Feb 10 and open nine windows for administrative approval work, sources said on Friday.

"Tianjin Binhai New Area Central Business District is ready for a total of 241 items of administrative licensing and service work," said Zhang Jinpin, deputy director of the administrative approval office of Tianjin Binhai New Area Central Business District.

Zhang said 20 employees have already been assigned for training on enterprise registration and investment approval work.

"And we will speed up the approval process for companies in the free trade zone. To this end, we will set up an online information exchange platform for enterprise registration work, fully integrating tax registration, quality testing and public security information," said Zhang.

According to the State Council's proposal, the new pilot Tianjin Free Trade Zone will cover three areas--Tianjin Port area, Tianjin Binhai International Airport area and Tianjin Binhai New Area Central Business District.