Premier Li Leads Discussion on Enhancing Economic Expansion and Superior Development Quality
Chinese Premier Li Qiang chaired a State Council executive meeting on Friday, where participants explored strategies to stabilize employment, enhance economic growth, and promote high-quality development.
TroibNews 
Chinese Premier Li Qiang chaired a State Council executive meeting on Friday, focusing on strategies to stabilize employment, foster economic growth, and promote high-quality development.
The session encouraged businesses to uphold stable employment levels and expand vocational skills training initiatives. It also underscored the importance of stabilizing foreign trade and investment while providing support for foreign-funded enterprises to reinvest in the domestic market.
Participants discussed ways to enhance service consumption in areas such as elderly care, childbearing support, culture, and tourism. The meeting advocated for invigorating private investment and maintaining stability in the stock market, as well as promoting the steady and healthy growth of the real estate sector.
While addressing the need to respond to public concerns, the meeting also called for intensified efforts to combat illegal activities and to foster a safe and reassuring environment for consumers.
Furthermore, the enhancement of regulatory capacity at the grassroots level and the adoption of new-generation information technologies were prioritized.
The meeting included a discussion and preliminary approval of a draft social assistance law, which will be presented to the Standing Committee of the National People's Congress for review.
Additionally, a revised draft of regulations concerning the protection of new plant varieties was deliberated and approved, with a strong emphasis on fully implementing the seed industry revitalization action and promoting the innovative development of this sector.
Aarav Patel for TROIB News
The session encouraged businesses to uphold stable employment levels and expand vocational skills training initiatives. It also underscored the importance of stabilizing foreign trade and investment while providing support for foreign-funded enterprises to reinvest in the domestic market.
Participants discussed ways to enhance service consumption in areas such as elderly care, childbearing support, culture, and tourism. The meeting advocated for invigorating private investment and maintaining stability in the stock market, as well as promoting the steady and healthy growth of the real estate sector.
While addressing the need to respond to public concerns, the meeting also called for intensified efforts to combat illegal activities and to foster a safe and reassuring environment for consumers.
Furthermore, the enhancement of regulatory capacity at the grassroots level and the adoption of new-generation information technologies were prioritized.
The meeting included a discussion and preliminary approval of a draft social assistance law, which will be presented to the Standing Committee of the National People's Congress for review.
Additionally, a revised draft of regulations concerning the protection of new plant varieties was deliberated and approved, with a strong emphasis on fully implementing the seed industry revitalization action and promoting the innovative development of this sector.
Aarav Patel for TROIB News
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