Li urges central organs to make way for market

 

Chinese Premier Li Keqiang (1st from right) meets with the attendees of a meeting

on the work of the Communist Party of China (CPC) in various central departments

in Beijing on April 1, 2014.   Photo by Li Tao

 

 

 

 

Li urges central organs

to make way for market

 

 

By Zuo Yuanfeng and Hua Chunyu

 

 

Chinese Premier Li Keqiang has called on the central Party and government departments to resist corruption and to sacrifice power for the vigor of the market.

Li made the remarks on Tuesday of April 1 while meeting with the attendees of a meeting on the work of the Communist Party of China (CPC) in various central departments.

According to Li, central Party and government departments directly engage in the making and implementation of major decisions and policies, and Party management has been playing a key role in the process.

Li praised Party units in these departments for preventing and controlling corruption.

Highlighting the arduous task of ensuring steady economic growth and improved efficiency, Li urged Party work in these departments to focus on building a “lawful, innovative and cleanhanded” government.

Li urged stepping up a system to simplify procedures and delegate power to lower levels, urging these departments to “dare to reduce your own power, confront conflicts, embrace responsibilities and disregard self-interests”.

“Whatever should be decided by the market should be handed to it. Let the market thrive and stimulate social creativity,” Li said.

Since 2013, the then newly-elected Premier Li has been trumpeting streamlining administrative approval and cutting red tape to help the market function efficiently.

In his first government work report delivered to the National People’s Congress in March, he pledged to abolish or delegate another 200 administrative approvals to governments at lower levels, following the 416 last year.

Meanwhile, the premier stressed that the rule of law should be set as the cornerstone for stability and a guarantee of a transparent, orderly and just market environment.

Li urged civil servants to follow a cleanhanded and diligent work style to seek benefits for the people, calling for resolute punishment for corruption.

In addition, officials working in central departments were told to study new things and adapt themselves to developing technology and industries.

“Learn not only from books but also from the people and practices. Aspire to a greater future with a wider perspective.”

Li urged the officials to improve their ability to grasp general situations, handle hard issues, make decisions, innovate management methods and serve the people.

 

 

 

 

 

 

NEW POST   updated on April 2, 2014

 

>>  China announces economic package

 

By Zhu Shaobin

 

Tax breaks for the small and micro firms will be extended till the end of 2016, China’s cabinet, the State Council, announced on Wednesday of April 2.

The State Council is also considering raising the tax threshold significantly above the current level of 60,000 yuan (just under 10,000 U.S. dollars). The statement that followed Wednesday’s cabinet meeting said small and micro businesses are vital to employment and the market.

The cabinet decided in 2011 that any company with annual taxable income under 60,000 yuan will have its business income tax halved during 2012-2015.

Officials attending Wednesday’s cabinet meeting also said China will improve macro-controls in 2014 with measures to stimulate enterprises, expand domestic consumption and boost employment. There will also be fiscal help to cope with unexpected challenges.

The cabinet will ensure railway investment is steady and construction fast. It is expected that 6,600 kilometers of new lines will be put into operation this year, which is 1,000 km more than last year.

A railway development fund will be set up and open to social investment. The fund’s value is expected to reach 300 billion yuan, and up to 150 billion yuan of railway bonds will be issued this year. The government will encourage banks to fund railway construction.

Railways in central and western regions will be prioritized to expand investment, boost related sectors, and help urbanization.

Renovation of rundown communities in urban regions will be sped up and bonds sold to institutional investors to support renovation and municipal infrastructure.

Chinese Premier Li Keqiang said earlier the government aims to renovate or build more than 4.7 million homes for people living in makeshift shelters this year.

 

 

 

 

 

 

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