The 12th National Congress of the Lao People's Revolutionary Party (LPRP) concluded on Thursday in the Lao capital Vientiane, and Thongloun Sisoulith was elected general secretary of the 12th Central Committee of the LPRP at the 12th Central Committee's first meeting.
The three-day congress elected 73 members of the 12th LPRP Central Committee and 15 alternate members.
The 12th LPRP Central Committee held its first meeting on Thursday morning, electing a 13-member central committee politburo and an 11-member secretariat.
Delivering a speech after being elected, Thongloun said the 12th LPRP Central Committee would carry forward the Party's revolutionary spirit, further strengthen its political responsibility, and work closely with the entire Party and people of all ethnic groups nationwide to effectively implement the congress's resolutions.
Founded in 1955, the LPRP was originally known as the Lao People's Party, before adopting its current name at its second congress in 1972. The LPRP traditionally holds a national congress every five years.
Thongloun elected general secretary of 12th Central Committee of LPRP
Chinese Premier Li Qiang on Friday chaired a State Council executive meeting during which arrangements were made to implement a package of policies that will boost domestic demand by leveraging coordinated fiscal and financial measures.
The meeting noted that the package is an important measure to expand effective demand and innovate the approaches of macro-control.
Efforts should be made to refine loan interest subsidy policies for businesses in the services sector and personal consumption, aiming to expand the supply of high-quality services and boost household purchasing power, the meeting said.
It said that loan interest subsidy policies will be implemented for micro, small and medium-sized enterprises, with an eye to bolstering private investment, and to lowering financing thresholds and costs for companies.
It stressed that basic public services should be provided based on an individual's place of permanent residence. Efforts will be made to address the most pressing concerns of permanent residents without a local household registration, and on improving their access to education, healthcare and employment services.
Chinese premier stresses coordination of fiscal, financial policies to boost demand
