Li seeks implementation of incremental policies

BEIJING: Chinese Premier Li Qiang on Tuesday called for efforts to promptly implement the incremental policies to stabilize the country’s economy, and strive to accomplish the annual economic and social development targets.
Li, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, made the remarks at a symposium with experts and entrepreneurs to hear their views on China’s current economic situation and the next steps on economic work.
Efforts should be made to accelerate the implementation of policies already introduced and formulate plans for policies currently under study as early as possible, he said at the symposium. “We must get a clear understanding of the major trends and strengthen our confidence, while also facing up to the difficulties, responding to them actively, and effectively addressing prominent issues in economic operation,” said Li. The premier stressed the need to listen to the voices of the market and respond to social concerns when formulating and implementing policies, and continuously boost confidence in development. He also underscored developing new policy options to stabilize the economy and promote development, and launching them timely in accordance with changes in the economic situation.
Work should be done to improve the business environment and stimulate the vitality of enterprises, said Li, who called for solid efforts to provide relief to enterprises in difficulties and implement pro-business policies.
Meanwhile, Li Qiang will attend the 27th China-ASEAN Summit, the 27th ASEAN Plus Three (APT) Summit, and the 19th East Asia Summit, to be held in Vientiane, Laos, from October 9 to 12, and pay an official visit to Laos, Chinese Foreign Ministry spokesperson Mao Ning announced on Tuesday.
Li’s visit is at the invitation of Prime Minister Sonexay Siphandone of the Lao People’s Democratic Republic, the current ASEAN chair, the spokesperson said.
Li will also pay an official visit to Vietnam from October 12 to 14, at the invitation of Prime Minister Pham Minh Chinh of Vietnam, Mao added. –Agencies