Chinese Premier Li Qiang presided over a State Council executive meeting, which discussed measures aimed at stabilizing employment, boosting economic growth and advancing high-quality development.
The meeting encouraged businesses to maintain stable employment and expand vocational skills training programs, while also emphasizing efforts to stabilize foreign trade and investment and support foreign-funded enterprises in reinvesting domestically.
It called for boosting service consumption in sectors such as elderly care, childbearing support, culture and tourism, invigorating private investment, and continuing to stabilize the stock market and promote the steady, healthy development of the real estate market.
While highlighting the need to address public concerns, the meeting also called for efforts to crack down on illegal activities and create a safe and reassuring consumption environment.
Additionally, efforts to enhance regulatory capacity at the primary level and the application of new-generation information technologies were emphasized.
During the meeting, a draft social assistance law was discussed and approved in principle. It 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 deliberated and approved. The meeting noted the need to fully implement the seed industry revitalization action and promote the innovative development of the seed industry.
