Chinese vice premier meets Disney CEO

Chinese Vice Premier Ding Xuexiang met with Bob Iger, CEO of The Walt Disney Company of the United States, in Beijing on Friday.

Noting that China's economy is deeply integrated into the world economy, Ding, also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, said the better China develops, the more benefits all parties will gain.

Ding said that the fourth plenary session of the 20th CPC Central Committee has outlined the blueprint for China's development over the next five years.

Ding vowed efforts to steadfastly promote high-quality development, expand high-standard opening up, and continuously optimize the business environment.

China welcomes enterprises from all countries, including Disney, to continue investing in China and deepening their presence, participate in Chinese modernization in a positive manner, and share China's opportunities to achieve greater development, Ding said.

Iger said Disney is confident in China's development, and will continue to expand its investment in China and better promote exchanges and cooperation between the United States and China.

Chinese vice premier meets Disney CEO

Chinese vice premier meets Disney CEO

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