PR95963

YANTAI, China, May 12, 2022 /PRNewswire=KYODO JBN/ --

The business environment of a city is critical to investment, reputation and

potential in the future, and a good business environment needs not only bold

reforms but also meticulous services. In recent years, Yantai, a city with a

thousand kilometers long coastline and located at 37o N in Shangdong Province,

has done its intensive work on building its business environment. Aiming at

"enterprises do not run errands and the masses do not ask for people", it has

innovatively launched the brand of "Yantai In Action" through strengthened

top-level design, vigorous implementation of policies, optimization of

governmental services and attention on "data empowerment" to solve the problem

and blockage for the mass and enterprises in handling personal and business

affairs. The efforts the city has made to comprehensively optimize and improve

the regional business environment have injected new momentum into the

high-quality development of regional economy and society.

Data show that Yantai has made and completed 1090 work orders for optimization

and promotion tasks based on the domestic advanced experience and best

practices of benchmarking and table matching to fully propel the implementation

of policies. So far, 76 national and provincial initiatives and highlights have

been formed. Among them, a number of typical experiences such as the "4S"

all-time electricity nanny service and the accurate provision of VAT "special

loan for tax retention" have been publicized and promoted by the state and the

province.

In order to effectively improve the convenience of handling affairs online, the

city made breakthroughs in "non-face-to-face approval" to connect the

self-built systems of municipal departments with the district and municipal

platforms, fully providing 603 government affairs services at both city and

county levels. By now, more than 1400 affairs can be fully handled online,

covering over 90% of the civil items. With the launch of the city's general

portal of mobile government services---the APP of "Love Shandong • Throughout

Yantai With One Hand", there are more than 4.27 million real names registered

users, integrating 804 high-frequency applications covering the fields of

health, transportation and travel, and fully accessing 14000 items of

government services by application. Social assurance certificate, remote

medical treatment and other 80 items have achieved "approval and handling in a

second". Data show that since 2021, Yantai has organized 43 municipal

departments to conduct a comprehensive review of the currently effective policy

documents since 2016, and re-formulate policies that do not adapt to the

current economic and social development, forming a list of more than 2,000

policy documents for service enterprises in Yantai.

With the continuous optimization of Yantai's business environment, by the end

of 2021, 104 top multinational companies---the world's top 500

enterprises---have invested and set up factories in Yantai. 30 of them,

including Hon Hai Technology Group (Foxconn), Linde AG, GM, Hyundai, Toyota and

LG Electronics, have invested more than US $100 million. In addition to

attracting a large number of foreign investments, enterprises that transferred

out in previous years have chosen to return.

Logo - https://mma.prnewswire.com/media/1816704/Yantai_Logo.jpg

Photo - https://mma.prnewswire.com/media/1816705/Yantai_urban_attraction.jpg

Photo - https://mma.prnewswire.com/media/1816706/Yantai_coastline.jpg

Contact:

Zhao Xiangyang

Tel: 0086535-6789710

E-mail: yt6789710@yt.shandong.cn

SOURCE: City of Yantai