Member LoginMember Login - User registration - Setup as front page - Add to favorites - Sitemap State Council meeting studies policies to sustain economic recovery !

State Council meeting studies policies to sustain economic recovery

Time:2024-05-01 14:59:32 source:Stellar Spectacle news portal
(Xinhua) 08:08, August 01, 2023

BEIJING, July 31 (Xinhua) -- China's State Council on Monday stressed the need to strengthen counter-cyclical adjustment and adopt more policies when the time is right to cement the recovery trend and promote further growth of the Chinese economy.

Efforts need to be made to stimulate the vitality of private investment, strengthen the capital market, and boost investors' confidence, according to a State Council executive meeting chaired by Premier Li Qiang.

It's also necessary to quicken the incubation of strategic emerging sectors, foster new pillar industries, and enhance China's competitiveness and influence in the global industrial and supply chains.

The meeting also emphasized the need to optimize policies concerning the real estate market and put forth city-specific policies that can meet different demands and are inducive to the steady and sound development of the sector.

Employment must receive great attention, and policies to increase employment and entrepreneurship must be integrated and optimized to create more jobs.

Making follow-up arrangements on the policies due to expire this year and next year is significant to stabilizing business expectations and boosting confidence, the meeting noted, calling for full implementation of the new arrangements.

It also approved three nuclear power projects located in Ningde in Fujian Province, Xudapu in Liaoning Province, and Shidao Bay in Shandong Province, respectively.

Safety and quality will be the top priority in the construction of these projects, it said.

The meeting also discussed and approved in principle a draft decision on extending the authorization for the State Council to carry out a pilot program that enables law practitioners from Hong Kong and Macao to practice law in nine cities of Guangdong Province on the mainland.

The draft decision will be submitted to the National People's Congress Standing Committee for review.

Related information
  • Former Naval officer to challenge Matt Gaetz in upcoming GOP primary
  • Tennessee schools would have to out transgender students to parents under bill heading to governor
  • Niko Medved signs long
  • Photo exhibition in Macao displays ancient civilization in Shanghai
  • Climate change could virtually disappear in Florida — at least according to state law
  • Busch Gardens Tampa Bay: Endangered Bornean orangutan born in Florida
  • Bill meant to improve math skills passes as Kentucky lawmakers approach end of legislative session
  • NASA seeks faster, cheaper way to bring Mars samples to Earth
Recommended content
  • Trump says states should decide on prosecuting women for abortions, has no comment on abortion pill
  • China's largest freshwater lake sees rising water level
  • Justice Thomas misses Supreme Court session with no explanation
  • Closing prices for crude oil, gold and other commodities
  • Abuse allegations against former Olympic rower, coach found to be credible, US Rowing probe says
  • Boeing pushes back on whistleblower's allegations and details how airframes are put together