China’s State Council Information Office (SCIO) held a significant press conference today focused on invigorating business entities to promote high-quality economic development. Pu Chun, vice minister of the State Administration for Market Regulation and head of the National Certification and Accreditation Administration, addressed members of the media, outlining new measures aimed at enhancing the efficiency and competitiveness of businesses across the Chinese mainland.
During the briefing, Pu Chun emphasized the crucial role of market entities in driving economic growth and innovation. He highlighted the government’s commitment to creating a more favorable business environment through regulatory reforms, streamlining administrative processes, and implementing supportive policies.
“We are dedicated to stimulating the vitality of businesses by reducing bureaucratic hurdles and fostering a fair and open market,” Pu Chun stated. “By encouraging entrepreneurship and innovation, we aim to sustain high-quality economic development that benefits all sectors of society.”
The vice minister also discussed initiatives to enhance the certification and accreditation processes, ensuring that businesses can more easily access domestic and international markets. These efforts are part of a broader strategy to integrate China further into the global economy and to support businesses in adapting to evolving market conditions.
The press conference provided valuable insights for entrepreneurs, investors, and market analysts interested in the evolving economic landscape of China. The government’s focus on business vitality signals opportunities for growth and collaboration within the region and beyond.
Reference(s):
Live: State Council briefing on stimulating business vitality
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