Local governments urged to propel reform
Chinese Premier Li Keqiang has urged local governments to push forward supply-side structural reform to help stabilize economic growth.
Local authorities should continue to cut red tape, implement tax breaks, encourage innovation and eliminate outdated capacity, Li said when he met with the heads of several major provincial regions.
He said that China needs joint efforts from central and local governments to face up to economic challenges.
Li asked the governments to delegate more power, and build more platforms and provide better services for people who are trying to start their own businesses.