Chinese Premier Li Qiang on Friday presided over a State Council executive meeting focused on optimizing the nation’s business environment and enhancing the management of state-owned enterprises (SOEs). The meeting emphasized the importance of fostering a first-class, market-oriented, law-based, and internationalized business environment to ensure sustainable economic growth.
During the meeting, officials reviewed an inspection and research report by the General Office of the State Council on creating a more conducive environment for businesses. Premier Li underscored the need to summarize and promote successful experiences and practices promptly, encouraging continuous improvement in policies and regulations that support enterprises.
The State Council deliberated and adopted a draft regulation outlining disciplinary actions for managerial staff at SOEs. Strengthening supervision and management of SOE managers, the meeting noted, is vital for promoting lawful performance, workplace integrity, and the long-term development of these enterprises.
The meeting also approved adjustments to the management catalogue of production licenses for industrial products. Emphasizing quality enhancement, the government called for the effective use of measures such as the China Compulsory Certification. It urged the prompt formulation and revision of key standards to improve the quality of industrial products through standardization.
By focusing on these areas, China aims to create a favorable environment for businesses, attract investment, and spur innovation. The decisions reflect the country’s ongoing efforts to deepen economic reforms and open up its markets, supporting sustainable economic development and strengthening its position in the global economy.
Reference(s):
cgtn.com
