In June 2024, Guangzhou Grouphorse Translation Co., Ltd., a subsidiary of Grouphorse Group, was officially designated as a Business Environment Monitoring Station by the Commercial Sub-Council of the China Council for the Promotion of International Trade (CCPIT) [http://www.chbeo.org.cn/]. This marks another solid step for Grouphorse in fulfilling its corporate social responsibility and advancing ESG principles.
In an increasingly interconnected global economy, a strong business environment is essential for attracting investment, driving industrial growth, and sustaining economic vitality. In December 2022, the World Bank released an updated concept note for its Business Enabling Environment (BEE) framework, incorporating indicators such as environmental protection, sustainable development, e-governance, and digital service delivery. This update signals a new phase in the global evaluation of business environments.
China has placed high priority on improving the business environment for all market entities. With a focus on market-oriented, rule-of-law-based, and internationalized approaches, the country continues to optimize its business climate to support high-quality development. In August 2023, the State Council issued the Opinions of the State Council on Further Optimizing the Foreign Investment Environment and Increasing the Attractiveness of Foreign Investment, which emphasized leveraging China’s vast domestic market to attract foreign investment and promote high-level opening-up and modernization.
Against this backdrop, CCPIT issued the Guiding Opinions on Enhancing Business Environment Monitoring Work, aiming to implement the central government’s latest strategies and establish a coordinated framework for monitoring progress. The Business Environment Monitoring Center under the Commercial Sub-Council is tasked with managing and planning monitoring stations nationwide, offering a comprehensive and objective picture of achievements and challenges in business environment reforms. These stations serve as “front-line sensors” that detect regulatory bottlenecks and systemic inefficiencies.
The monitoring stations focus on key issues such as government performance, service efficiency, work ethic, and administrative integrity. Through proactive and precise supervision, they identify and address hidden obstacles that infringe upon business rights, interfere with operations, or disrupt market order—working to clear the pain points and roadblocks hindering further improvements.
They also act as a communication bridge between businesses and regulators—gathering concerns related to market regulation, public services, infrastructure, and resource allocation—while providing feedback on new government initiatives. This facilitates problem-solving and improves administrative efficiency through targeted reforms.
Only industry leaders are selected as monitoring stations. Grouphorse joined the UN Global Compact as early as 2017, an organization that champions ESG values, and has since contributed actively to the advancement of the UN 2030 Sustainable Development Agenda. Backed by Grouphorse Group’s deep ESG expertise, Guangzhou Grouphorse Translation Co., Ltd. was also approved in May 2024 to establish the ESG Service Center of the Guangdong General Chamber of Commerce, focusing on supporting sustainable development for businesses in the Greater Bay Area.
Being selected as a CCPIT Business Environment Monitoring Station affirms Grouphorse’s standing in the industry and acknowledges its long-term dedication to sustainable, responsible, and innovation-driven development rooted in ESG values. As the World Bank’s BEE framework increasingly incorporates sustainability metrics, its vision of high-quality development is now aligned with the ESG framework, which emphasizes Environmental, Social, and Governance priorities.
This underscores the need for harmonizing business environment reform with green, low-carbon, and sustainable development goals. Staying firmly on the ESG path is not only Grouphorse’s core belief, but also its strategic commitment to long-term growth. In benchmarking against world-class standards and advancing the internationalization of China’s business environment, Grouphorse sees its role as indispensable.
Looking ahead, Grouphorse will focus on the most pressing concerns raised by market players, extending its supervision capabilities, diversifying monitoring channels, and enhancing accountability. The Group is determined to drive further breakthroughs in optimizing the business environment.
Grouphorse is committed to fostering mutually beneficial partnerships across the business community. By leveraging its resource advantages, the company helps facilitate foreign investment in China, raises concerns around fair competition, and builds pragmatic platforms for China–foreign economic cooperation. Through these efforts, Grouphorse contributes to cultivating a fair, transparent, stable, and predictable business environment — and actively supports the development of the Invest in China brand, a national initiative aimed at enhancing the visibility and appeal of China as a preferred destination for global investment.