The Qingdao city government recently gave a briefing about the construction of an integrated corporate service platform, which serves as a new initiative to optimize the city's business environment.

The platform is comprised of three subplatforms pertaining to the release and implementation of preferential policies for enterprises, corporate financing services and the handling of enterprises' appeals.

The policy-based subplatform provides enterprises with inquiry, application, inspection, publicity and other services related to preferential policies. After applying for policies online, enterprises can view all the processes ranging from the application to the issue of funds at the subplatform in real time.

It now has more than 3,000 policy documents at national, provincial, city and district levels, as well as nearly 2,000 policy projects and more than 26,000 pieces of policy information, covering all departments in the city.

The financial subplatform, linking with 57 financial institutions and 524 outlets across the city, offers one-stop and comprehensive financial services. Enterprises can not only see the information of 300-plus financial products and services, but publish financial applications on it.

After receiving the financial needs of an enterprise, the subplatform will intelligently match and accurately recommend the most suitable products, based on the applicant's data.

The third subplatform provides enterprises with full-cycle services from appeals to handling, feedback and evaluation. After receiving an appeal, for example, officials from related departments and units should arrive on-site or contact the enterprise within two hours.

The integrated platform that connects government departments, enterprises and financial institutions is an innovative practice for Qingdao to improve the city's long-term corporate service mechanism, and enhances the quality and efficiency of local government services, local officials said.

Moreover, the platform is expected to create a market-oriented, law-based and first-class international business environment in the city. It will also stimulate the vitality of business entities and help to attract more investors from across the world to Qingdao, they added.