Chinese Premier Li Qiang led a pivotal State Council executive meeting on Friday, focusing on the robust development of the platform economy and the safety of hazardous chemicals. The meeting emphasized the role of the platform economy in expanding domestic demand, stabilizing employment, and fostering new productive forces.
Key discussions revolved around strengthening the industrial internet platform systems, supporting consumer internet companies to unlock market potential, and promoting the lawful and orderly cross-border flow of data. Premier Li highlighted the importance of standardized operations and healthy competition among platform enterprises to enhance their quality and impact on employment.
In addition to economic initiatives, the meeting approved a draft law aimed at ensuring the safety of hazardous chemical substances. This legislation is set to be submitted to the Standing Committee of the National People’s Congress for further deliberation. The proposed law focuses on establishing a comprehensive prevention mechanism to manage safety risks at various levels, eliminating hidden hazards, and enhancing safety management across production, storage, utilization, operation, and transportation processes to prevent major accidents.
The State Council also discussed the revision of 21 regulations, including those related to the supervision of medical equipment, and the abolition of four outdated regulations. Emphasis was placed on upgrading professional skills within the industry, promoting large-scale equipment upgrades, and accelerating the phase-out and renovation of obsolete chemical facilities.
Premier Li's leadership in this meeting underscores China's commitment to sustainable economic growth and the safeguarding of public safety through stringent regulatory measures.
Reference(s):
cgtn.com
