皇冠体育app

-- The review and approval process for foreign-funded enterprises to operate telecom value-added service (VAS) businesses in the (FTZ) has been simplified, a Chinese stry announced on Tuesday.

The review and approval authority has been delegated from the Ministry of Industry and Information Technology to the Shanghai Communications Administration, the ministry said in a policy document.

The length of time from submission of application to approval has been shortened to no more than 60 days from five months, the document said.

Telecom VAS providers refer to those using public telecom network and providing value-added services including call centers and smartphone app stores rather than traditional voice telephony services.

The Shanghai FTZ, established in September, has undergone a string of key reform measures including easing cross-border use of RMB, liberalizing interest rates on foreign currency loans, facilitating offshore financing and outbound investment.

Shanghai FTZ 'negative list' may be cut by 40% to boost more interest	Shanghai FTZ sees more liberalization

• 皇冠体育app's power consumption rises 5.4% in Q1
• Canadians sign nuclear MOU
• Higher-value exporters survive turmoil in market
• Traders report grim outlook
• Pollution discharge fees to rise dramatically
• Shanghai's worsening smog blamed on industry, vehicles
• Bear bile farm makes switch to rescue center
• Some consumers not protecting their rights