On Friday, Chinese Premier Li Qiang chaired a high-level State Council executive meeting to discuss a comprehensive set of measures aimed at stabilizing employment, boosting economic growth, and advancing high-quality development.
The session encouraged businesses to maintain stable employment levels and expand vocational skills training programs, equipping the workforce with new competencies for tomorrow’s economy.
Leaders also emphasized the importance of stabilizing foreign trade and investment, calling on foreign-funded enterprises to reinvest locally to support domestic market resilience.
To reignite consumer demand, the meeting proposed boosting service consumption in key areas such as elderly care, childbearing support, culture, and tourism. Participants agreed to invigorate private investment and to continue stabilizing the stock market while promoting the steady, healthy development of the real estate market.
Addressing public concerns, Premier Li highlighted the need to crack down on illegal activities and to create a safe, reassuring environment for consumers.
On the regulatory front, the meeting underscored the enhancement of primary-level oversight capacity and the integration of new-generation information technologies to improve efficiency and transparency.
Additionally, a draft social assistance law was approved in principle and will be submitted to the Standing Committee of the National People's Congress for deliberation. A revised draft of the regulations on the protection of new plant varieties was also approved, supporting the seed industry revitalization action and fostering innovation in agriculture.
These measures mark a coordinated push to balance growth and quality, setting the stage for a more resilient and dynamic economy in the months ahead.
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Premier Li chairs meeting on boosting growth, high-quality development
cgtn.com
