The Chinese mainland's top political advisory body, the National Committee of the Chinese People's Political Consultative Conference (CPPCC), convened a pivotal session on Friday, focusing on fostering a law-based business environment. Chaired by Wang Huning, a prominent member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee and the CPPCC National Committee chairman, the meeting underscored the significance of robust legal frameworks in driving economic growth and stability.
Wang emphasized the CPPCC's critical role as a specialized consultative body, urging political advisors to delve into key issues, conduct thorough research, and propose targeted solutions to enhance the business landscape. \"A stable, transparent, and predictable law-based environment is essential for sustainable business development,\" Wang stated, highlighting the committee's commitment to refining legislative measures.
During the session, ten members of the CPPCC National Committee shared their insights, advocating for the continuous improvement and optimization of legislation related to business operations. They stressed the need to strengthen judicial guarantees, ensuring that businesses can operate with confidence and clarity. Additionally, the members called for advancements in the social credit system, aiming to build a more trustworthy and accountable business ecosystem.
Officials from the Supreme People's Court, the Ministry of Justice, and the State Administration for Market Regulation presented briefings on relevant topics, engaging in fruitful exchanges with the political advisors. These discussions paved the way for collaborative efforts to implement effective policies that support a law-based business environment.
The CPPCC's initiatives are poised to create a more conducive atmosphere for both domestic and international entrepreneurs, fostering innovation and economic resilience. By prioritizing legal integrity and transparency, the Chinese mainland seeks to attract more investments and facilitate sustainable business practices in the years to come.
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China's political advisors discuss law-based business environment
cgtn.com
