Kathmandu— Chinese Premier Li Qiang presided over an executive meeting of the State Council on Friday to discuss advancements in next-generation communication networks and strategies for resolving delayed payments to businesses. The meeting also covered measures to enhance air quality, revise safety regulations concerning power accidents, and establish guidelines for market regulation offices at the township level, signaling a broad focus on economic stability and infrastructure development.

Network Development Strategy

China intends to integrate terrestrial, space-based, international, and integrated networks as part of its strategy for developing next-generation communication systems. The State Council meeting emphasized promoting wider adoption of smart devices and fostering the creation of high-value applications in sectors like smart cities and intelligent manufacturing. Protecting critical network infrastructure and data security were also highlighted as key priorities.

Addressing Overdue Payments

The government is intensifying efforts to clear outstanding payments owed to enterprises, directing local authorities to leverage policy tools such as special-purpose bonds and relending facilities. This move aims to bolster business confidence and ensure financial stability within the economy. The meeting also stressed the importance of enforcing fair competition and regulating non-cash payment systems.

Environmental and Safety Regulations

Improving air quality remains a priority, with continued support through fiscal, financial, and pricing policies to encourage greener production methods and lifestyles. Regarding power safety, the State Council called for enhanced maintenance checks on equipment, stricter quality control during project development, and improved emergency response capabilities in case of accidents.

Strengthening Market Regulation

The meeting underscored the need to leverage technology to enhance market regulation and public services, ultimately safeguarding a fair and orderly market environment. This includes establishing clear guidelines for newly formed market regulation offices at the township level, aiming to improve local oversight and enforcement.

These decisions reflect China’s ongoing commitment to technological advancement, economic stability, and improved governance across various sectors.

(With inputs from Xinhua)

Originally published on abcnews.com.np.