Chinese Premier Li Qiang presided over a State Council executive meeting on Friday to study policies on promoting the high-quality development of venture capital and hear a report on the current situation of the property market and the consideration of related work in the next step.

The meeting adopted guidelines on improving the long-term mechanism of basic medical insurance participation and draft rules on implementing the registered capital management system of the company law.

A draft law on public health emergency response was also discussed at the meeting.

(Cover: Housings are under construction in Nanjing, east China's Jiangsu Province, May 17, 2024. /CFP)