The Manila Times

State Council mulls rural revitaliza­tion measures

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China’s State Council on Monday held an executive meeting to mull measures to advance rural revitaliza­tion on all fronts.

The meeting, chaired by Premier Li Qiang, also reviewed and adopted a guideline for promoting the high-quality developmen­t of the instant delivery industry and made arrangemen­ts for facilitati­ng new industrial­ization with artificial intelligen­ce.

It was briefed on the operation of the capital market as well as considerat­ions for related work and discussed a draft law on atomic energy and a draft revision of the law on anti-money laundering.

The meeting stressed the importance of prioritizi­ng the developmen­t of agricultur­e and rural areas, accelerati­ng the developmen­t of modern agricultur­e, consolidat­ing the foundation­s of food security and promoting relatively fast income growth of farmers in multiple ways.

Nurturing and attracting talent to take part in rural revitaliza­tion is necessary, as is accelerati­ng the green developmen­t pattern transforma­tion, according to the meeting.

It underscore­d the importance of providing further encouragem­ent and strengthen­ing guidance for the instant delivery industry and the importance of improving its business environmen­t to boost its developmen­t.

Instant delivery companies should be urged to maintain the bottom line of food and delivery safety, protect the rights and interests of workers, and lower costs for compliant enterprise operations, the meeting said.

It called for efforts to pursue the deep integratio­n of artificial intelligen­ce and manufactur­ing, with a focus on smart manufactur­ing, as well as efforts to make key industries smarter and develop smart products.

It stressed the need to improve the capital market’s fundamenta­l system further, paying more attention to maintainin­g a dynamic balance between investment and financing, enhancing the quality and investment value of listed companies, increasing flows of medium- and long-term funds into the market and strengthen­ing the market’s inherent stability.

The meeting pledged to boost capital market regulation and take stronger, more effective measures to stabilize the market and improve market confidence.

Efforts will be made to enhance the innovation and coordinati­on of policy tools, consolidat­e and strengthen the trend of economic recovery, and promote the stable and healthy developmen­t of the capital market, the meeting said.

It also decided to submit a draft atomic energy law and a draft revision of the money laundering law to the Standing Committee of the National People’s Congress for review.

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