In a strategic move to foster economic resilience and social well-being, Chinese Premier Li Qiang led a State Council meeting on Friday, where a suite of policy measures was adopted. These initiatives focus on promoting the steady growth of foreign trade and advancing the reform and development of elderly care services in the new era.
Strengthening Foreign Trade
The meeting highlighted several key strategies to support foreign trade, aiming to underpin the economy's continuous recovery. Among these measures are increased financial support, utilization of policy support loans targeting small and micro-sized businesses, and the optimization of cross-border trade settlements to help enterprises better manage exchange rate risks.
Additionally, efforts will be ramped up to develop cross-border e-commerce and establish overseas smart logistics platforms. Emphasis on green trade, trade activities in border regions, and repair services for overseas goods within comprehensive bonded zones were also outlined. The meeting further emphasized the importance of ongoing negotiations with more countries to sign mutual visa-free treaties, expanding China's global trade network.
Enhancing Elderly Care Services
Addressing the challenges of an aging population, the State Council meeting underscored the implementation of policies aimed at developing the elderly care services industry. The focus is on ensuring that the elderly are well-provided for, enjoy their lives, and continue their pursuits.
The proposed measures include strengthening basic elderly care services, enhancing personnel training, and offering targeted services such as assisted dining and showers for the elderly, particularly those of advanced age or living alone. Moreover, there is a concerted effort to develop the silver economy, tapping into the potential of elderly care consumption to expand domestic demand.
Through these comprehensive policies, the Chinese mainland is positioning itself to maintain robust foreign trade momentum while also addressing the vital needs of its aging population, ensuring sustainable growth and social harmony.
Reference(s):
cgtn.com
