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China Boosts Platform Economy & Safety Reforms in Key Meeting ๐Ÿš€๐Ÿ”’

Chinese Premier Li Qiang chaired a high-stakes State Council executive meeting this week, focusing on turbocharging the platform economy ๐Ÿš€ and tightening safety protocols for hazardous chemicals ๐Ÿ”ฌ. The moves aim to balance innovation with public security in a rapidly evolving digital era.

Highlighting the platform economyโ€™s role in job creation and economic growth, officials pledged to strengthen industrial internet systems and empower consumer platforms to tap new markets ๐ŸŒ. Cross-border data flows ๐Ÿ“ก will be guided by 'law-based and orderly' frameworks, while fair competition and standardized operations are prioritized to protect workers and consumers.

In a major safety overhaul, the meeting greenlit a draft law ๐Ÿ“œ targeting hazardous chemical risks. The plan emphasizes strict monitoring of production, storage, and transportation, alongside upgrading outdated facilities ๐Ÿ’ก. Premier Li stressed the need to 'root out hidden hazards' to prevent accidentsโ€”a nod to public concerns over industrial safety.

The State Council also approved revisions to 21 regulations, including medical device supervision ๐Ÿฅ, and scrapped four outdated rules. Analysts say these reforms could streamline tech innovation while keeping safety in focus โš–๏ธ.

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