China’s ‘two sessions’ 2024: legislature hammers home pro-business stance, says nation’s door is ‘always open to world’
- National People’s Congress (NPC) spokesman Lou Qinjian says China’s attitude on opening up has never, and will never, falter
- He also brushes aside concerns that China’s anti-espionage and state-secret laws negatively affect foreign firms
China’s top legislature vowed on Monday to boost business confidence and shore up the country’s economic recovery with stronger legal protections and a potential restructuring of agencies.
“New legislations will revolve around reform agendas and institutionalise reform progress and results, enshrining them in new legislations or amendments,” Lou said at a press conference in the Great Hall of the People in Beijing.
A new law promoting the private sector is being crafted to tailor legislation to the most pressing needs of the key sector.
China’s door is always open to the world, and we will never slam it shut
The top legislature is also set to review the first amendment to the Organic Law of the State Council in 42 years – expected to lift the role of China’s central bank in reinforcing national policies – when its sessions start on Tuesday.