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China to further deepen reform comprehensively, expand opening-up: premier

China

China

China

China to further deepen reform comprehensively, expand opening-up: premier

2024-12-09 20:21 Last Updated At:22:37

China will work harder to expand domestic demand and boost consumption, further deepen reform across the board, steadfastly expand opening-up, and work for the sustained growth of the Chinese economy, according to Premier Li Qiang.

Li made the remarks on Sunday and Monday when meeting respectively with President of the New Development Bank Dilma Rousseff, President of the World Bank Ajay Banga, Director-General of the World Trade Organization (WTO) Ngozi Okonjo-Iweala, and Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva, who were in Beijing for the "1+10" Dialogue.

Against the backdrop of an international landscape fraught with instability and changes, Li said, only by strengthening opening-up, cooperation and mutual benefit can countries jointly promote an early recovery and steady growth of the world economy.

Noting that this year the Chinese economy has enjoyed generally stable growth, Li said that China has recently unveiled a package of incremental policies, with market confidence and expectations being significantly enhanced, Li said, adding that China will work to inject more impetus and certainty into global economic recovery and growth.

China supports the continuous expansion of the New Development Bank and is willing to expand project and financing cooperation between the two sides to jointly contribute more to the economic and social development of BRICS countries and developing countries, Li said.

China is willing to strengthen cooperation with the World Bank in international development, loans, knowledge and other fields to improve the quality and efficiency of cooperation, he said.

China supports the WTO in carrying out necessary reforms, promoting the vitality of the multilateral trading system, and safeguarding economic globalization and free trade, according to the premier.

China is willing to deepen cooperation with the IMF and make greater contributions to maintaining global financial stability, promoting common development and tackling climate change, Li noted.

The leaders of the New Development Bank, the World Bank, the WTO and the IMF spoke highly of China's important leading role in safeguarding world peace and development and upholding multilateralism, saying that China has taken measures and achieved remarkable results in promoting economic growth, improving the business environment and expanding opening up to the outside world, bringing impetus and confidence to global economic growth.

They voiced appreciation for China's long-term support for the work of international economic organizations, China's positive contribution to the development of the least developed countries and the Global South, as well as their commitment to developing stronger and more comprehensive cooperative relations with China, and jointly upholding multilateralism and free trade.

China to further deepen reform comprehensively, expand opening-up: premier

China to further deepen reform comprehensively, expand opening-up: premier

Chinese Premier Li Qiang on Friday presided over a State Council executive meeting which studied further arrangements on energy conservation and carbon reduction, and heard a report on a special campaign on business-related administrative law enforcement.

The meeting also reviewed and approved a draft regulation on administrative law enforcement oversight, discussed a draft law on firefighters, and arranged work for a crackdown on tobacco-related illegal activities.

The meeting emphasized the need to ensure higher-standard and better-quality work in the fields of energy conservation and carbon reduction -- work which must be advanced with greater overall planning efforts and in light of local conditions.

To that end, the meeting called for efforts to maximize the impact of policies, continuously improve market mechanisms, and accelerate the transition to green production and green lifestyles.

A special campaign on regulating business-related administrative law enforcement this year has achieved positive results, the meeting noted, underlining further efforts to enhance the standardization of administrative law enforcement.

By drafting and implementing the regulation on administrative law enforcement oversight, the boundaries and responsibilities of law enforcement authorities will be clarified further, and administrative power will be upheld consistently within a legal framework, it said.

It discussed and approved in principle a draft law on firefighters, which will be submitted to the Standing Committee of the National People's Congress for deliberation.

It is imperative that the institutional arrangements for the country's firefighting force are improved, making it more standardized and professional, the meeting said, stressing the need to consolidate fire safety management, and to resolutely prevent and curb serious or major fire accidents.

Work will also be done to crack down strictly on tobacco-related illegal activities, strengthen supervision and law enforcement across all links, and improve the tobacco market environment, according to the meeting.

Chinese premier chairs meeting on carbon reduction, administrative law enforcement

Chinese premier chairs meeting on carbon reduction, administrative law enforcement

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