On Friday, February 6, Chinese Premier Li Qiang emphasized that promoting effective investment plays an important role in stabilizing economic growth and strengthening future development momentum. He also called for a focus on long-term development needs and building future competitive advantages, deeply planning and advancing a number of major projects and important engineering works in key areas such as infrastructure, urban renewal, public services, emerging industries, and future industries.
According to Xinhua News Agency, Li Qiang presided over a State Council executive meeting on Friday, hearing reports on the State Council departments’ work in handling suggestions from deputies to the National People’s Congress and proposals from members of the National Committee of the CPPCC for 2025, and discussing policy measures to promote effective investment.
The meeting pointed out that properly handling suggestions from deputies to the National People’s Congress and proposals from the CPPCC is an inherent requirement for the government to consciously accept supervision and perform its duties in accordance with the law. With the annual "Two Sessions" (NPC and CPPCC) approaching, efforts must be made to implement the newly revised Law on Deputies and the amended Regulations on CPPCC Proposals, actively seek and adopt opinions and suggestions from deputies and committee members, focus on implementation and transformation, and ensure high-quality handling of suggestions and proposals this year.
The meeting noted that promoting effective investment is crucial for stabilizing economic growth and strengthening development momentum. There is a need to innovate and improve policy measures, increase the effectiveness of the use of central budgetary investments, ultra-long-term special treasury bonds, special purpose bonds issued by local governments, and new types of policy-based financial instruments.
The meeting noted that promoting effective investment is crucial for stabilizing economic growth and strengthening development momentum. There is a need to innovate and improve policy measures, increase the effectiveness of the use of central budgetary investments, ultra-long-term special treasury bonds, special purpose bonds issued by local governments, and new types of policy-based financial instruments.
The meeting also called for integrating the formulation and implementation of the "15th Five-Year Plan" (2026–2030), focusing on long-term development needs and building future competitive advantages, and deeply planning and advancing a number of major projects and engineering works in infrastructure, urban renewal, public services, emerging industries, and future industries. State-owned central enterprises should play a better role in boosting investment, efforts should be intensified to support the development of private investment, and a joint force should be formed to promote effective investment.
Regarding the revision of the Ambient Air Quality Standards, the meeting pointed out that in recent years, China’s air quality has improved significantly and the sense of satisfaction of the Chinese people has continuously increased. The newly revised standard sets higher requirements for the annual average concentration target of PM2.5.
The meeting called for adherence to planning leadership, strengthening policy support, benchmarking against the new standards to ensure coordinated implementation, improving fiscal, financial, technological, and pricing support policies, strengthening governance and joint prevention and control in key regions, continuously improving governance efficiency, and safeguarding the beautiful blue sky.
Regarding the revision of the Ambient Air Quality Standards, the meeting pointed out that in recent years, China’s air quality has improved significantly and the sense of satisfaction of the Chinese people has continuously increased. The newly revised standard sets higher requirements for the annual average concentration target of PM2.5.
The meeting called for adherence to planning leadership, strengthening policy support, benchmarking against the new standards to ensure coordinated implementation, improving fiscal, financial, technological, and pricing support policies, strengthening governance and joint prevention and control in key regions, continuously improving governance efficiency, and safeguarding the beautiful blue sky.
During the discussion on the draft revision of the "Tendering and Bidding Law of the People’s Republic of China", the meeting in principle approved the draft and decided to submit it to the Standing Committee of the National People’s Congress for deliberation.
The meeting emphasized that this revision should be taken as an opportunity to reform and improve the tendering and bidding system and mechanisms, remove hidden barriers, improve bid evaluation methods, enhance working transparency, severely crack down on illegal activities, and take both temporary and permanent measures to promote the standardized and healthy development of the tendering and bidding market.
The meeting also discussed other matters.