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:2024-05-21 18:02:57 source:Stellar Scope 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
  • College baseball notebook: Conference tournaments to decide NCAA automatic bids and many at
  • King Charles returns to public duties after cancer diagnosis
  • The Wanted stars Max George and Siva Kaneswaran are reuniting for a new tour of India
  • Egyptian, Chinese students mark UN Chinese Language Day in Cairo
  • The fightback begins: Boss of London's Queen Mary University tells pro
  • Caratini's 2
  • Police clear pro
  • Drury, Noesen help Hurricanes beat Islanders 6
Recommended content
  • Travis Kelce downs whiskey shot on slice of bread at Kelce Jam without Taylor Swift
  • Bachelor runner
  • Bridgerton star Luke Newton reveals how he and co
  • Premier League & NBC Sports execs in talks to potentially hold 39th league fixture in the US
  • Kosovo prepares a new draft law on renting prison cells to Denmark after the first proposal failed
  • Life coach Michelle Elman, 30, will address break