An entrepreneur applying for a business license through a self-service system, gets instructions from a bank clerk. [Photo/ntfabu.com]

The business department of the local branch of the Industrial and Commercial Bank of China, or ICBC, set up a one-stop service zone for business startups recently in Rudong county – administered by Nantong city in East China's Jiangsu province.

The service reportedly provides a one-stop procedure for getting a business license, recording a corporate seal, handling tax-related business and opening bank accounts for entrepreneurs.

To make government services more accessible to people, the Nantong administration approval bureau extended its business registration and license application channels from the administrative service hall to bank outlets in 2020. That reportedly provided more convenient and efficient business registration and financial services to enterprises.

Last year, the Nantong municipal administration approval bureau worked with the ICBC Nantong branch to provide one-stop business startup services in six bank outlets in the main urban area.

This year, the Rudong county administration approval bureau signed an agreement with the ICBC Rudong branch to set up a one-stop service zone, making the branch the first business outlet in the county to provide one-stop services for business startups.

"The establishment of one-stop service zones in bank outlets has helped resolve the difficulties for enterprises in getting policy information and handling documents back and forth," said Wang Juan, deputy director of the county's administration approval bureau.

Wang added that the one-stop services mode will be promoted in all commercial bank outlets in the area following the successful experience of ICBC, to provide the businesses with preferential policies, as well as efficient and high-quality services.