Premier Li Keqiang stressed better integration of effective government and efficient market, at a national teleconference on deepening reforms to streamline administration and delegate powers, improve regulation and upgrade services, and the development of market entities, on June 2.
Business environment forms the institutional conditions for market entities in economic activities, offering the basis to survive and develop, the Premier said.
While stressing that a good business environment serves as productivity and competitiveness, he called for solid work in administrative reform to build a market-oriented and law-based international business environment.
Better integration of effective government and efficient market should stimulate vitality, boost fair competition, and improve efficiency, to make big businesses even stronger and nurture the mushrooming of small ones in unleashing and developing productivity, the Premier said.