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Chinese
Premier Li Keqiang, also a member of the Standing Committee of the
Political Bureau of the Communist Party of China Central Committee,
inspects the Ningbo-Zhoushan port, a major transit area for bulk
commodities in China, in Ningbo City, east China's Zhejiang Province,
May 24, 2021. Li made an inspection tour to the city of Ningbo in east
China's Zhejiang Province from Monday to Tuesday. (Xinhua/Huang Jingwen) Chinese
Premier Li Keqiang has underlined efforts to further advance reform and
opening-up, strengthen market vitality and actively deal with changing
domestic and external situations for pushing forward the country's
stable and sound economic development. Li,
also a member of the Standing Committee of the Political Bureau of the
Communist Party of China Central Committee, made the remarks during his
inspection tour to the city of Ningbo in east China's Zhejiang Province
from Monday to Tuesday. When
inspecting the Ningbo-Zhoushan port, a major transit area for bulk
commodities in China, Li called for paying close attention to the
cyclical changes in the world economy and commodity price fluctuations
in the international market. China
should expand opening-up, further promote the facilitation of customs
clearance and conduct free and fair trade, he said, adding that the
country should give full play to the advantages of the port and use
market-oriented methods to improve the import, storage and trading of
bulk commodities. Li spoke with
managers of several manufacturing enterprises to learn about the impact
that upstream price changes in raw materials had had on their
businesses. He said that rising
commodity prices would not only bring excessive pressure to large and
medium-sized manufacturing enterprises but also affect the small, micro
and individual businesses, adding that consumption activities downstream
would also be affected. Li called
for making good use of policies, such as tax and fee cuts and inclusive
financing, to support market entities, and ramping up market regulation
to slow down the transmission of rising costs to the downstream sectors. Enterprises
should also pay attention to tapping into their potentials and drawing
on innovation to relieve cost pressures and improve competitiveness. During
his visit to a government service center in the city, Li stressed that
the country should relieve the pressure on enterprises, continue
improving its business environment, and create a fairer market for
competition. He also inspected a
talent resource market to learn about the local employment situation.
While visiting a local company, he encouraged it to develop more new
products enjoyed by consumers.
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