Efficient Transition From Current Commercial Administration System To The Reform Of Commercial Registration System In China

The new reform of commercial registration system in China which was issued inMar,2013, planned to release the market access for the new-established business. Toreach the goal of the reform, the current commercial administration system shouldalso make some change, in order to match the reform of commercial registrationsystem. The promotions of those two systems were deeply integrated with each other.Based on The New Public Service Theory and The Governance Theory, this paperwants to construct a new model of commercial administration system, which includesmultiple subjects in governance and various means of supervision, to have bettergovernance in commercial administration under a more open market environment.Refer to the successful supervision modes in western countries such as Germany,Britain and France, the commercial publicity system and the commercial creditsystem should be put in a important position in the supervision reconstruction, sincethe experience in those countries show the better effect of the market self-judge moderather than the government supervision in an open market.Apart from the reconstruction of the commercial administration system, thereshould also find a transition way from the current mode to the new one. The transitioncould be designed from such aspects as commercial registration examination forms,governance subjects, supervision objects, supervision methods and legal liabilities.With the reconstruction of the commercial administration system and the transitionway, the reform of the commercial registration system can take the effect and a moreopen and legalized market environment will be made in China, such that the energy ofthe business will be stimulated in China, which will improve the new round ofChina’s development.