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“Policy Research on Optimizing the Business Environment in Guangzhou” was Launched and an Expert Consultation Session Successfully Held

On the morning of Jun. 29, 2021, China Development Research Foundation (CDRF) launched the “policy research on optimising the business environment in Guangzhou and held the expert consultation, which officially marked the start of the new three-year cooperation between CDRF and Guangzhou Municipal Finance Bureau. Many experts and scholars from National Development and Reform Commission (NDRC), Develop Research Centre of the State Council (DRC), Chinese Academy of Social Sciences (CASS), Tsinghua University, Renmin University of China, Management World as well as PwC and Dataway management consulting firms, and other agencies participated in the consultation session.



From 2016 to 2019, CDRF and Guangzhou Municipal Finance Bureau have carried out all-round cooperation on “budget performance management reform”, including its implementation, research, training, and seminars. The three-year collaboration provides a comprehensive and systematic summary of Guangzhou’s practical experience of reform in budget performance management over the years, which is of great significance to further deepening public finance reform, and a textbook case for central and local governments to use for reference. In 2020, on that basis, CDRF and Guangzhou Municipal Finance Bureau had signed the framework agreement for three-year cooperation on “deepening finance reform and building a modern system of financial governance (2020-2023).


In recent years, CDRF has aimed at advancing the research and practice of optimising the business environment. This project, targeted at Guangzhou, will provide an in-depth summary of exemplary approaches to optimise the business environment and offer references for decision-making to promote continuous improvement of the business environment nationwide.