Li Qiang Presides Over State Council Executive Meeting to Study Further Implementation of “Dual Initiatives” Construction Related Work

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Xinhua News Agency, Beijing, November 14th. Premier Li Qiang of the State Council presided over an executive meeting of the State Council on November 14th. The meeting studied work related to the in-depth implementation of the “Two Major Projects” construction, deployed policy measures to enhance the alignment of supply and demand for consumer goods to further promote consumption, heard a report on the implementation of the spirit of the National Education Conference and the progress in accelerating the building of a strong education system, discussed the “Trademark Law of the People’s Republic of China (Revised Draft)”, and reviewed and passed the “Regulations on the Administration of Funerals and Interments (Revised Draft)”.

The meeting pointed out that the construction of the “Two Major Projects” should be planned and advanced within the overall context of the “15th Five-Year Plan”, firmly grasping the strategic, forward-looking, and overarching requirements, strengthening inter-departmental coordination, emphasizing the integration of hardware and software, and promoting the in-depth implementation of major national strategies and the steady enhancement of security capabilities in key areas. Project review should be optimized, with greater emphasis on the input of innovative factors and intangible asset investment to foster the development of new quality productive forces. The coordination and advancement mechanism for projects should be improved, with strict engineering quality and safety management, while simultaneously managing assets, subsequent operation, and maintenance. The pace of project construction and fund allocation should be reasonably arranged, the matching of projects and funds strengthened, actively leveraging ultra-long-term loans, policy-based finance, and other funds, guiding more private capital participation, and amplifying the effects of the “Two Major Projects” construction.

The meeting pointed out that enhancing the alignment of supply and demand is an effective measure to further unleash consumption potential and smooth the economic cycle. Industrial upgrading should be led by consumption upgrading, and diverse demands should be better met with high-quality supply to achieve a higher-level dynamic balance between supply and demand. The innovative application of new technologies and new models should be accelerated, the integration and empowerment of artificial intelligence strengthened, focusing on key industries and sectors to develop new products and value-added services, and continuously expanding new consumption increments. Enterprises should be actively supported in expanding the supply of distinctive, high-quality consumer goods, accelerating the update and upgrade of safety, performance, and green standards, and improving the certification system. Demand from different population groups should be precisely matched around segmented markets, developing a number of flexible manufacturing factories to promote efficient production responses to personalized consumer needs. New consumption scenarios and business formats should be cultivated, consumer finance products and services enriched, and a favorable consumption environment created.

The meeting pointed out that over the past year or more, various regions and departments have conscientiously implemented the spirit of the National Education Conference, vigorously advanced the implementation of various tasks, and solid steps have been taken in building a strong education system. Efforts must continue with perseverance, establishing and improving a coordination mechanism for the integrated advancement of education, technology, and talent, and cultivating more urgently needed innovative talents for the country centered on technological innovation, industrial development, and national strategic needs. Prominent issues of public concern in the education sector should be addressed, adapting to changes in the school-age population, balancing the promotion of equity, improvement of quality, and optimization of layout, and continuously increasing the supply of high-quality educational resources.

The meeting discussed and passed in principle the “Trademark Law of the People’s Republic of China (Revised Draft)”, deciding to submit the draft to the Standing Committee of the National People’s Congress for deliberation. The meeting pointed out that trademark management and protection must be strengthened according to the law, fully leveraging trademarks’ role in promoting economic and social development.

The meeting reviewed and passed the “Regulations on the Administration of Funerals and Interments (Revised Draft)”.

The meeting also studied other matters.