Li Qiang presided over the State Council executive meeting
Macroeconomic policies are being implemented more effectively. The State Council has deployed measures to stabilize investment, control pollution, and strengthen regulation Accelerate policy implementation, stimulate domestic demand and private investment, and pay attention to the latest deployments
On September 28, Premier Li Qiang of the State Council presided over a State Council executive meeting, which made arrangements around enhancing the effectiveness of macro policies, promoting effective investment, addressing emerging pollutants, and registering and managing public institutions.
The meeting stated that efforts should be intensified to strengthen countercyclical macro policy adjustments, accelerate the implementation and effectiveness of existing policies, and, in light of the situation, study and introduce incremental policies. These should focus on optimizing fiscal spending arrangements, making good use of the unused quota for local government debt, adjusting monetary policy tools in a timely manner, and increasing relending quotas for areas such as scitech innovation, technological transformation, support for agriculture, and support for small businesses. The meeting also called for accelerating the construction of major projects, improving the preparation and approval efficiency of investment projects, stimulating the vitality of private investment, and continuing to reserve policy measures to boost domestic demand.
In the area of ecological and environmental governance, the meeting emphasized that the management of new pollutants should prioritize source control, strengthen screening of key industries, identification of pollution sources, and management of key control lists, while improving interdepartmental coordination and supporting enterprise transformation.
The meeting also reviewed and approved the "Regulations on the Registration and Management of Public Institutions (Draft)", requiring that the responsibilities of competent departments and sponsoring entities be firmly shouldered, interdepartmental coordination and operational supervision be strengthened, and public institutions be better enabled to play their role in public services and livelihoods保障.