The latest statistics from the Ministry of Commerce (MOFCOM) of China show that SIP authority has helped over 3,110 (one-fourth of the total in Suzhou) foreign-invested enterprises benefit from a filing mechanism adopted across the country in 2016 for the purpose of relaxing restrictions on foreign investment access.

The MOFCOM enacted the Interim Measures for Administration of Incorporation and Alternation Filing of Foreign-Funded Enterprises (hereinafter referred to as the Interim Measures) in October 2016 to allow foreign-invested enterprises to go through simplified and integrated procedures for business registration.

Undoubtedly, SIP authority is a high performer with a track record of putting the Interim Measures into substantial practices. Its innovative work modes, including service packages specially devised for the targeted enterprises and efficient on- and off-line service delivery, set a good example nationwide.