At 4:00 pm on January 12, 2017, the Shanghai Youth and Middle-aged Intellectuals Association undertook the 2016 Shanghai Municipal Advisory Committee Project Closing Exchange in the conference room of Gaopeng Shanghai Institute. The meeting was chaired by Vice President Weng Huajian, and relevant project team leaders and members attended the meeting. A closing exchange meeting was held on the topic "The key to reducing institutional transaction costs for startups is government process reengineering - from facilitating managers to facilitating entrepreneurs.".

Reducing institutional transaction costs is one of the core ideas of supply side structural reform. Since its establishment, the China (Shanghai) Pilot Free Trade Zone has always focused on institutional innovation, providing a unique platform for reducing enterprise institutional transaction costs, practicing and deepening reform, and forming a number of replicable and replicable innovative systems and experiences to serve national development. In 2015, the Shanghai Free Trade Zone achieved expansion, and the Free Trade Zone Management Committee and the People's Government of Pudong New Area jointly worked together, marking a new step forward in Shanghai's exploration of free trade zone reform, integrated innovation, and transformation of government functions within the framework of a first-class government. With the advancement of streamlining administration and delegating power, reform is entering a new stage. The transformation of government functions at this stage means a shift from being convenient for managers to being convenient for entrepreneurs, as well as a reengineering of government processes, the integration of fragmented policy resources and government service resources, in order to effectively reduce the institutional transaction costs of enterprises.

This topic focuses on the main institutional transaction costs faced by startups. Based on the results of 14 interviews and symposiums, as well as international best practice research, it provides suggestions and suggestions for reducing the institutional transaction costs of startups. At the meeting, the prominent issues and causes of institutional transaction costs in start-up enterprises were discussed and analyzed, and corresponding countermeasures and suggestions were proposed based on the issues. The research group believes that implementing government process reengineering is one of the important means to improve the quality and efficiency of government services and reduce the institutional transaction costs of enterprises. The process of government process reengineering is also a process of further optimizing service processes, simplifying administrative procedures, and promoting internal coordination. Government process reengineering first requires the government itself to break through the barriers of ideas and systems. With the gradual maturity of Internet plus technology and the growing popularity of its application, the objective conditions for promoting government process reengineering with "e-government" as the starting point have been met.

This article is translated by software translator for reference only.