In a dynamic move to boost the platform economy, Chinese Premier Li Qiang chaired a crucial State Council executive meeting on Friday. The primary focus was on fostering the healthy development of digital platforms, which play a pivotal role in expanding domestic demand, stabilizing employment, and enhancing the overall livelihood of the people.
The meeting emphasized the importance of strengthening the industrial internet platforms and supporting consumer internet companies to unlock their full market potential. This initiative aims to ensure a law-based and orderly cross-border flow of data, which is essential for sustained economic growth.
Premier Li highlighted the need for standardized operations and orderly competition among platform enterprises. By improving the quality of these platforms, the government seeks to maximize their role in creating jobs and driving economic momentum.
In addition to the platform economy, the meeting tackled the critical issue of hazardous chemicals safety. A draft law on this topic was discussed and approved, signaling a stronger commitment to managing safety risks across all stages of production, storage, utilization, operation, and transportation. The draft will be submitted to the Standing Committee of the National People's Congress for further deliberation.
Efforts to enhance safety management were emphasized, with a focus on preventing major accidents and addressing hidden hazards. The meeting also called for upgrading large-scale equipment and renovating outdated chemical facilities to ensure higher safety standards.
Furthermore, the State Council approved revisions to 21 existing regulations, including those related to medical equipment supervision, and decided to abolish four outdated regulations. These changes aim to streamline administrative processes and promote a safer, more efficient regulatory environment.
Overall, Premier Li's leadership in this meeting underscores China's commitment to developing a robust platform economy while ensuring the safety and well-being of its citizens.
