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3. Steps to Starting a Business in ChinaIt requires 13 procedures, takes 35 days, and costs 8.39% GNI per capita to start a business in China.List of Procedures:1. Obtain pre-approval of name2. Open a preliminary bank account3. Obtain a registration certificate4. Get the approval of making a seal5. Make a company seal6. Obtain code certificate7. Register with statistical department8. Register for taxes9. Open a formal bank account10. Apply for the authorization to print or purchase financial invoices/receipts11. Buy financial invoices12. Recruitment Registration with local Career Service Center10