The Financial Express
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Chinese Premier Li stresses stable economic growth

Chinese Premier Li stresses stable economic growth

Chinese Premier Li Keqiang stressed deepening reform and opening-up to facilitate steady economic growth and continuously improve people's livelihood.

Li, also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, made the remarks during his inspection tour in the cities of Xi'an and Xianyang in northwest China's Shaanxi Province from Monday to Tuesday.

In his visit to a community in Xi'an, Li stressed that the renovation of old residential communities can improve the livelihood of people, especially those with financial difficulties, and is conducive to boosting effective investment and consumption.

In this regard, Li called for efforts to upgrade community facilities and enhance public services such as elderly care and childcare.

When visiting a restaurant, Li said measures should be taken to guarantee the supply of pork and stabilize vegetable prices to ensure the basic livelihood of those facing difficulties. He also urged the implementation of policies of cutting taxes and fees for private businesses.

The country will make unswerving efforts to open up wider, give equal treatment to both domestic and overseas businesses registered in China, continuously improve the business environment, and intensify the protection of intellectual property rights, said the premier during his visit to Samsung China Semiconductor Co., Ltd.

Commenting on the great development potential of China's western regions, Li urged greater efforts to create a good business environment, pledging more targeted policy support.

At the construction site of the Yinchuan-Xi'an high-speed railway, the premier underscored the acceleration of key infrastructure projects in west China and encouraged effective investment in spurring development and improving people's livelihood.

Li, while visiting a startup community, urged efforts to improve the business environment for entrepreneurship and innovation.

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