Premier Li Qiang presided over an executive meeting of the State Council on March 1st, discussing key issues related to the economic development and modernization of China. The meeting reviewed and approved the “Action Plan for Promoting Large-Scale Equipment Updating and Trade-in of Consumer Goods”, which is aimed at promoting the overall high-quality development of the country.
During the meeting, the construction of a modern infrastructure system was also discussed, with a focus on accelerating the development of the Yangtze River Delta. The meeting emphasized the importance of innovation and industrial competitiveness in the region, as well as the need for policy support and reform empowerment to enhance the area’s development levels.
Additionally, the meeting reviewed the “Amendments (Draft) of Three Laws including the Agricultural Technology Promotion Law of the People’s Republic of China” and decided to submit the draft to the Standing Committee of the National People’s Congress for review.
Overall, the meeting highlighted the government’s commitment to promoting economic growth, innovation, and sustainable development in China. Further details and updates on the outcomes of the meeting are expected to be released in the coming days.