Chinese Premier Li Qiang presided over a pivotal State Council executive meeting on Friday, focusing on strategies to foster the high-quality development of venture capital. The meeting also reviewed the current state of the property market, setting the stage for future initiatives aimed at stabilizing and invigorating the sector.
In addition to property and venture capital, the State Council adopted comprehensive guidelines to enhance the long-term mechanisms of basic medical insurance participation. This move is expected to strengthen the healthcare infrastructure, ensuring broader and more sustainable coverage for residents.
The agenda further included the adoption of draft rules for implementing the registered capital management system under company law, signaling a push towards more transparent and efficient business operations. Moreover, the meeting delved into a draft law on public health emergency response, underscoring China's commitment to robust and responsive public health systems.
These measures collectively reflect China's ongoing efforts to balance economic growth with social welfare, aiming to create a more resilient and dynamic economic landscape.
Reference(s):
State Council executive meeting: Premier Li briefed on property market
cgtn.com
