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Premier stresses reform, opening-up, high-quality development

Updated: Oct 15,2021 23:43 PM    Xinhua

GUANGZHOU — Premier Li Keqiang has stressed efforts to vigorously advance reform and opening-up, promote high-quality development, maintain stable economic operation and ensure people's basic livelihoods.

Premier Li, also a Standing Committee member of the Political Bureau of the Communist Party of China Central Committee, made the remarks during an inspection tour in South China's Guangdong province from Oct 13 to 15.

Premier Li Keqiang, also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, visits a thermal power plant in Shunde district of Foshan, South China's Guangdong province, Oct 14, 2021. Premier Li made an inspection tour in Guangdong province from Oct 13 to Oct 15. [Photo/Xinhua]

Stressing the importance of power and coal supplies, Premier Li said that the country has adopted multi-pronged measures to ensure and increase the supply of coal and power. He also urged efforts to meet the financing demands of power generation enterprises and leverage market-oriented means to secure the energy supply.

The Premier pledged to prevent commodity price hikes from transmitting to the downstream areas of the supply chain, and said that the country is considering rolling out tax-cut policies to help micro, small and medium-sized enterprises lower costs.

While visiting Midea Group Co Ltd, Premier Li demanded securing the power supply for the production activities of enterprises, saying that the issue concerns the country's employment, industrial and supply chains, as well as its economic operation.

Premier Li Keqiang talks with teachers and students at Sun Yat-sen University in Guangzhou, South China's Guangdong province, Oct 15, 2021. [Photo/Xinhua]

At an innovation center, he visited several firms and said that the government will continue to advance the reforms to streamline administration and delegate power, improve regulations and upgrade services.

Efforts will be made to optimize the business environment, step up policy support and stimulate the vitalities of mass entrepreneurship and innovation, the Premier said.

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