Premier Li Keqiang has urged Guangdong Province to continue its leading role in leading reformation in the country. He made the announcement during the annual session of the National People's Congress (NPC) on Wednesday, March 9.

Premier Li highlighted Guangdong Province's efforts in paving the way for reform programs as China's economy undergoes an overhaul. "In the vanguard of the reform and opening up, Guangdong has made a major contribution to China's economic development," Li said according to Xinhua.

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Li asked Guangdong to drive supply-side structural reforms and bolster mass entrepreneurship and innovation. He also voiced hope that the region would continue to fasten bureaucratic processes by eliminating barriers.

China's slowing economy has caused anxiety to a large number of businesses. On March 3, Moody rated China's sovereign bonds from "stable" to "negative" as a result. Given the economic challenges China is facing, policy and lawmakers are keen to continue the structural reform, asking for confidence to China's economy.

During the session, Premier Li said that the province should also promote new industries by endorsing innovative technology. This would also help to provide support to start-up companies across all sectors. There is still a lot of work in terms of upgrading traditional sectors and improving the quality of employees by bringing in additional investments, the Premier noted.

Li called for the cooperation of authorities in propagating socialist core values alongside Chinese virtues. He also called for green and environment-friendly efficient lifestyles.

Liu Yunshan, a member of the Standing Committee of the Political Bureau of the Central Committee of the Communist Party of China, addressed the lawmakers from Hainan during the session. He emphasized the need for cultural and ideological progress along with material progress. These are important to attain the goals set in the 13th Five-Year Plan.78474

TagsPremier Li Keqiang, Chinese Premier Li Keqiang, National People's Congress, Guangdong Province