Chinese Premier Li Keqiang talks on economy, reform and diplomacy

APD NEWS

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Chinese Premier Li Keqiang and newly-elected vice premiers are attending a press conference at the Great Hall of the People in Beijing, following the closing meeting of the first session of the 13th National People’s Congress.

Here are the highlights from the press conference:

On China's reform and opening up in new era

Premier Li Keqiang said China will open its door even wider to the world than before, with an aim to ensure both Chinese and foreign investors to compete in a fair market.

Li listed several measures including to further widen market access to education, health care and financial services, to fully open up in manufacturing sectors, to better protect intellectual property rights, and to shorten the negative list of foreign investment.

On transformation of government function

Premier Li pledged that the government will further cut the red tape and

further streamline the accession process to the market.

He stressed that it is a must to undertake strong reform measures as “small steps are critical to achieving a bigger policy goal.”

To improve business environment, the government will cut the time it takes for opening business for another half, reduce the time required for reviewing a project application and put in the national place a platform for accessing government services, he detailed.

Other measures includes to let people get things done in one place without a need for a second trip and to ensure that any requirement for certification that has no basis in law or regulation will be abolished, Li told reporters.

On Korean Peninsula issues

China welcomes recent de-escalation on the Korean Peninsula, Premier Li said, saying China will continue its role in promoting dialogue and pushing for denuclearization process.

(CGTN)