Southern Metropolis Daily:

Over the past several years, localities across the country have doubled their efforts to optimize the business environment and serve business entities. What measures has Yunnan province taken in this regard? Thank you.

Wang Yubo:

Thank you for your question. I'd like to invite Mr. Wang Xiangang to answer it.

Wang Xiangang:

In recent years, Yunnan has been advocating three principles. First, the best time for development is the present; second, the best place for development is under our feet; and third, the best environment for development is based on yourself. We have unswervingly promoted marketization, industrialization, rule of law, ecology-oriented growth and digitalization in line with the above three principles. We have formulated and implemented a three-year action plan to foster a first-class business environment and a plan for doubling business entities, achieving remarkable results. The brand of "efficiency, service and integrity" has been enhanced, and the satisfaction of business entities has continued to increase.

Specifically, we have mainly focused on the following aspects:

First, we have worked hard to increase efficiency in quickly handling business affairs. By streamlining materials, simplifying processes and optimizing services, most enterprises can complete registrations within an hour, or half a day at most. The approval time for projects has been greatly shortened, and 98% of these matters can be handled directly online.

Second, we have worked hard to offer warm and thoughtful services. A key point here is that we have established a normalized communication mechanism between government and enterprises, with "assistance attendants" stationed in enterprises to accurately meet their needs. For example, in response to the financing difficulties facing enterprises, we developed and built a Yunnan financing credit service platform. More than 200 financial institutions have been introduced to the platform, providing one-stop financing services to more than 560,000 companies. Over the past year, a total of more than 130 billion yuan in credit has been granted. This work has been recognized by the State Council and has been promoted nationwide.

Third, we have made every effort to create a Yunnan known for its integrity and keeping promises. We have established a public credit information sharing platform, improved mechanisms for rewarding trustworthiness and punishing dishonesty, and have continuously expanded the application scenarios for credit. We have ensured that promises made to enterprises are kept. In 2023, credit building in Yunnan province was honored as a national progressive unit.

Business entities are not only the driving force for development, investment and innovation but also essential for employment, entrepreneurship and people's livelihoods. In recent years, benefited by the improvement of the business environment, the number of business entities in Yunnan has been consistently growing, becoming more active, larger and stronger. By the end of April this year, there were over 6.57 million registered business entities, with an average annual growth rate of over 20% in the past three years. Among them, the number of industrial enterprises above designated size, qualified construction companies, wholesale, retail, accommodation and catering enterprises above designated size and service enterprises above designated size have exceeded 23,000. Over the past three years, these "four major" enterprises have achieved an average annual growth rate of 12.3%.

Investing and starting a business in Yunnan not only allows you to enjoy the "Yunnan way of life" but also to share in the "Yunnan opportunities." We will continue to deeply engage in actions that create a first-class business environment, making it more convenient for enterprises to conduct business, feel more secure in their operations and where their rights are better protected.

Thank you.