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Chinese premier stresses implementation of major policies

Xinhua,September 14, 2017 Adjust font size:

The State Council, China's cabinet, said Wednesday that it will continue to strengthen implementation of major central policies and decisions to better promote growth and improve people's livelihoods.

Both progress and problems were found after the State Council recently launched a new round of field inspections and a third-party evaluation of local government implementation of central policies and major tasks, according to a statement following an executive meeting presided over by Premier Li Keqiang.

Initial results have been obtained on local governments fulfilling the tasks set at the Central Economic Work Conference in December and in a government work report early this year, according to the statement.

However, problems still lie in fields including capacity cuts, unreasonable fees and commercialization of research findings, the statement said.

The cutting of surplus production capacity will be continued unswervingly, with special focus on the weeding out of substandard steel production, it said.

The government will further reduce costs by applying standards and supervision to fees levied on enterprises by sectoral associations, chambers of commerce and various societies, in a major push to put an end to unregulated excessive charging practices.

The government will further promote innovation-driven development, with an evaluation system to monitor the environment for innovation and entrepreneurship set to be established.

The incentive mechanism for the commercialization of scientific and technological progress will be improved.

The development of a business environment with global edge will be prioritized to further promote private and foreign investment.

The government will develop an evaluation mechanism for business environments, and conduct timely nationwide evaluation of the environment.

The government will also work on the real estate transaction registration mechanism to further reduce red tape, according to the statement.

Local authorities will be encouraged to ensure real-time data sharing between different information platforms.

The State Council launched its first round of nationwide inspections in 2014, followed by two inspections in 2015 and 2016, to keep implementation of economic and social work on schedule. The latest inspection is the fourth round of its kind.