Beijing is advancing its opening-up in both foreign trade and the service sector to achieve high-quality development.
The city announced a series of action plans earlier this month to create new economic growth spots.
Among the focuses of the plans, one is IP protection. Beijing will strengthen its IP utilization mechanism, advance the construction of a diverse IP protection portfolio and improve protection related to new business modes, according to the plan.
The city government is applying to build a State-level innovation demonstration zone for foreign trade promotion, integrating various government services for foreign investors, ranging from market access and investment promotion to administration and protection, into a one-stop service system.
The city government is also beefing up efforts to continuously improve the city's business environment.
To this end, it is further streamlining administrative procedures, conducting regular assessment of reforms, standardizing agency services and removing intangible barriers that affect market access.
Government officials led by major leaders at the city and district levels visit local businesses regularly to facilitate communication between the government and industries.
Building a digital government is also on officials' agenda. The city is making a plan to open public data, roll out rules on shared data, upgrade public information service platforms and improve online administrative services.
Small and medium-sized enterprises are a vulnerable group hit hard by the COVID-19 pandemic.
The government will expand its SME database and provide targeted support for these businesses, especially those in the sectors of catering, accommodation, tourism, and theaters and cinemas. The government will also help them with technological innovation and financing capacities, according to the city's plan.
Source: China Daily
