Zhejiang boasts a high degree of opening to the outside world as one of the provinces that provide most favorable investment conditions.

Hangzhou Xiaoshan International Airport in the evening

It attaches great importance to foreign-related administration and services, repealing and revising laws and regulations that do not conform to the WTO rules, and protecting the lawful rights and interests of foreign investors.

The provincial government exercises unified administration on the development of economy with foreign countries and the opening to the outside world.

A foreign investment service center and a foreign-related economy consultation office have been established in addition to an overseas businessmen complaint center. Moreover, procedures for examination and approval have been simplified, with more openness and efficiency in conducting administrative work.

Further, examination and review of investment applications are now done online. The right to examine and approve applications by foreign business people has been further delegated to lower levels, with the red tape being further cut.

Departments of customs, commodity inspection, finance and taxation provide investors with efficient services.

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