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China has moved once again to cut the number of items that require Central Government approval,in a move some say will help create a more efficient and friendly environment for business and help boost economic growth.On May 15,the State Council announced reforms of 133 items that require top-level approval,including rights on investment and production in the economy,which will be delegated to lower-level governments.Just 58 days after being elected,the new cabinet has heavily
China has moved once again to cut the number of items that require Central Government approval, in a move some say will help create a more efficient and friendly environment for business and help boost economic growth. On May 15, the State Council announced reforms of 133 items that require top-level approval, including rights on investment and production in the economy, which will be delegated to lower-level governments. Just 58 days after beingrated, the new cabinet has been heavily