China cuts more red tape, paves way for NDRC slim-down | Reuters

China has stripped dozens of powers away from central government ministries as it bids to cut red tape and prevent Beijing\’s army of bureaucrats from micromanaging the world\’s second-largest economy.

Paramilitary policemen stand in formation as they pay tribute to the Monument to the People's Heroes on Tiananmen Square in Beijing, November 17, 2013. REUTERS/Stringer

China\’s cabinet, the State Council, announced on Tuesday that it was removing 82 powers from a number of central government ministries, including the powerful National Development and Reform Commission (NDRC) and the Ministry of Environmental Protection.

In a series of sweeping reforms published in November, China\’s ruling Communist Party promised to free up the market by simplifying administration and \”restrict central government management of microeconomic issues to the greatest possible extent\”.

via China cuts more red tape, paves way for NDRC slim-down | Reuters.

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