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China's State Council urges integrated development of domestic, foreign trade


China's State Council stressed the importance of the integrated development of domestic and foreign trade during a Friday executive meeting chaired by Premier Li Qiang.

The meeting heard a report on overseeing the work of advancing high-quality development, discussed a draft revision on mineral resources law, and studied the work related to the industrialization of biological breeding.

It was noted that accelerating the integrated development of domestic and foreign trade is an inherent requirement for building a new development pattern and promoting high-quality development.

The country should endeavor to align with international rules, regulations, management and standards, improve the business environment, and implement solid fiscal and financial supporting policies to promote the integrated development of domestic and foreign trade, it was noted.

Mineral resources are a vital material basis for a country's economic and social development, and it is necessary to revise the law promptly according to changes in the situation to develop and protect mineral resources and ensure the security of national strategic resources, it was further noted.

Regarding the industrialization of biological breeding, efforts were urged to refine and improve relevant measures and promote relevant work in a prudent and orderly manner under strict supervision and risk control.

(With input from Xinhua)

(Cover: A view of Lujiazui Financial City in Shanghai, east China, November 30, 2023. /CFP)

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