BEIJING, March 1 -- China's State Council, or the Cabinet, will amend 66 regulations to simplify administrative procedures, according to a decree released Tuesday.

The decree, signed by Premier Li Keqiang, will eliminate or adjust certain administrative procedures for company registry and cancel two administrative charges.

The decision is part of a wider drive by the government to streamline administrative procedures and delegate power to lower levels, according to the decree.

The complex global landscape and growing pressure at home has made transforming government functions a pressing issue for the government as it strives to revitalize the economy and strengthen growth.