New Regulations to Reduce Restrictions on Small Private Businesses
Published:
2011-04-29
The State Council formally issued "Regulations on Individual Industrial and Commercial Households" yesterday. As of Nov 1, 2011, the new rules will replace the current regulations that have applied for 24 years.Many of the restrictions placed on China's 34 million self-employed households, including limits on the number of employees they can hire and the sectors they are permitted to operate in, will either be removed or loosened.
Source
China Radio International
The views posted here belong to the commentor, and are not representative of the Economic Observer |
Related Stories
- Shortages at Private Gas Stations
- New Standards of Behavior for Party Leaders Will Monitor Business Interests of Family Members
- State Council Supports Draft Regulation Aimed at Encouraging Growth of Individually-owned Business
- Novartis Buys 85% Shares of China's Largest Private Vaccine Maker
- The Advance of the State and the Retreat of Private Enterprise
Popular
- POLICY
- China Policy Barometer 2011 (Part II)
- A look at what the heads of 23 central government departments view as the most important g...
Interactive
Multimedia
Take a look back at some of the most important news events that helped shape China in 2010
- EEO.COM.CN The Economic Observer Online
- Bldg 7A, Xinghua Dongli, Dongcheng District
- Beijing 100013
- Phone: +86 (10) 6420 9024
- Copyright The Economic Observer Online 2001-2011