Chinese Premier Li Qiang presided over a pivotal State Council executive meeting on Friday, focusing on optimizing the business environment across the nation.
The meeting featured an inspection and research report by the General Office of the State Council, aiming to enhance the ease of doing business. Key discussions included the adoption of a draft regulation for disciplinary actions against managerial staff at state-owned enterprises (SOEs) and adjustments to the management catalogue of production licenses for industrial products.
Premier Li emphasized the importance of fostering a first-class business environment that is market-oriented, law-based, and internationalized. The goal is to achieve substantial and sustainable results by promoting best practices and effective management.
Strengthening the supervision and management of SOE managers was highlighted as crucial for ensuring legal compliance, workplace integrity, and the long-term development of SOEs. Additionally, the meeting underscored the need to utilize measures like the China Compulsory Certification to improve industrial product quality through the formulation and revision of key standards.
By prioritizing these initiatives, the State Council aims to create a robust and dynamic economic landscape that supports innovation, integrity, and growth.
Reference(s):
cgtn.com
