BEIJING Cory Schneider Jersey , Aug. 24 (Xinhua) -- Chinese Premier Li Keqiang orderedreforms to streamline the approval procedures on the market accessfor industrial products to support the development of newtechnology.
The government should focus on improving regulation after marketentry and create a fair and just market environment, according towritten instructions from the premier given at a recent meeting inSuqian, east China's Jiangsu Province.
Despite consumption upgrades and a rising number of newindustrial products Kyle Palmieri Jersey , domestic manufacturers are still plagued byhigh institutional transaction costs resulting from rigid marketentry control.
"Manufacturing is the significant foundation of the realeconomy," Li said, pointing out that an easier market access forindustrial products should be a crucial part in government work tocut red tape and improve services.
China will continue to deepen the supply-side structural reformand transform government functions Drew Stafford Jersey , Li said.
Meanwhile, regulators should strengthen supervision of productswith high safety risks and ensure market order, Li said. "Thereshould be nowhere to hide for counterfeit and shoddy products."
Li said a level playing field will help the upgrades of thecountry's manufacturing sector.
Echoing Li's remarks Patrick Maroon Jersey , State Councilor Wang Yong askedgovernments at all levels to step up simplifying administrativeapproval and improve supervision during the meeting. Enditem