Chinese premier stresses better service for startup   

李克強考察工商總局：加快培育發展新動能

在企業注冊局，李克強聽取商事制度改革及新設企業特別是小微企業成長情況匯報。他說，工商部門站在簡政放權、放管結合改革第一線，你們的工作為穩增長、促創新、擴就業發揮了重要作用。[查看全文]

Chinese Premier Li Keqiang has stressed the importance of improved business service for startups while visiting the national market watchdog.

The industry and commerce departments are crucial in streamlining administration and delegating power to lower levels, as well as combining power delegation with management, Li said while visiting the State Administration of Industry and Commerce Friday.

"Your job plays a key role in stabilizing growth, boosting innovation and expanding employment," he said.

Amid current commercial system reforms, startups still face constraints and more efforts need to be made to release the vigor of market and the bonus from reforms, he said.

Supervision should be improved to boost fair competition and methods should be innovated to improve supervision efficiency, he said.

China must boost entrepreneurship and innovation and cultivate new growth engines, so as to maintain a medium-high-level growth rate and move toward a medium-high-level of development, Li said.

"This is an important reform, as well a structural reform," he said.

More efforts will be made to crack down on fake goods and intellectual property rights violations to encourage companies to provide better products and services, as well as boost public confidence in "made in China" goods, Li said.

The industry and commerce department is a key link between government and market and should boost reforms, including simplifying company registration procedures, Li said.