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Tuesday, May 13, 2025

Chinese Premier Chairs State Council Meeting to Discuss Economic Reforms and Safety Initiatives

Chinese Premier Chairs State Council Meeting to Discuss Economic Reforms and Safety Initiatives

Focus on enhancing trade zones, data sharing, and transportation safety highlights China's strategic development goals.
BEIJING — On May 9, Chinese Premier Li Qiang convened a State Council executive meeting, where attendees focused on implementing the principles outlined by Xi Jinping, General Secretary of the Communist Party of China, during a recent symposium addressing China's economic and social development through the 15th Five-Year Plan period (2026-2030).

The executive meeting evaluated measures aimed at improving the quality and performance of pilot free trade zones, emphasizing alignment with international standards regarding economic and trade regulations.

Participants discussed strategies to drive institutional innovation and deepen reforms within national-level economic and technological development zones to foster high-quality development and enhanced international competitiveness.

A significant part of the meeting included a review of draft regulations targeting government data sharing, which aims to promote the integrated application of data resources across sectors.

This initiative is designed to empower social governance and strengthen the industrial ecosystem, creating momentum for economic growth.

Additionally, the meeting encompassed the national plan for a modern waterborne traffic safety supervision and rescue system.

It highlighted the importance of improved departmental and local coordination, innovation in critical equipment, and technology advancement.

Efforts will also focus on drawing social capital into significant supervision and rescue engineering initiatives to bolster China’s transportation capabilities.

The dialogue also recognized the necessity of establishing clear targets in various sectors throughout the duration of the 15th Five-Year Plan.

As part of this framework, the meeting reiterated the importance of proactive identification of risks and potential hazards to prevent serious safety incidents effectively.

Through these deliberations, the State Council aims to enhance the overarching framework for developing China’s economic landscape while ensuring robust safety measures are in place across industries.
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