Hey there! 👋 Did you hear the latest from China? Premier Li Qiang just chaired a State Council executive meeting that's all about making China's business scene top-notch! 🏆
On Friday, Premier Li led discussions focusing on optimizing the business environment. The General Office of the State Council presented an inspection and research report, highlighting ways to make doing business in China smoother and more international. 🌐
The meeting wasn't just talk—they took action! They adopted a draft regulation aimed at improving disciplinary actions for managerial staff at state-owned enterprises (SOEs). This means better management and integrity in SOEs, which is awesome for their long-term growth. 📈
They also decided to tweak the management catalogue of production licenses for industrial products. Sounds technical, but it's all about making sure products meet high standards through better regulations like the China Compulsory Certification. 🛠️
The big goal? To create a first-class, market-oriented, law-based, and internationalized business environment. They're looking to sum up great practices and spread them quickly. By strengthening supervision and management of SOE managers, they're pushing for performance that follows the law and boosts workplace integrity. 🙌
All these moves are set to improve the quality of industrial products and align China with global standards. Exciting times ahead! 🎉
Reference(s):
cgtn.com
