Yang Jun: Rule of Law Helps Boost Market Confidence | Voice

By Xu Hao, translated by Gao Jing

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Yang Jun, an NPC deputy and mayor of Suzhou, Anhui Province

On the morning of March 5, Chinese Premier Li Keqiang delivered a government work report at the opening meeting of the Second Session of the 13th National People’s Congress (NPC) at the Great Hall of the People in Beijing. According to the report, China will work harder to promote reform and opening-up and accelerate the establishment of a unified, open market system ensuring orderly competition through such measures as relaxing market access, strengthening supervision and creating a favorable business environment featuring rule of law to attract foreign investment and energize all market players.

Yang Jun, an NPC deputy and mayor of Suzhou, Anhui Province, noted in an interview with China Report that the rule of law helps boost market confidence and market players will become more optimistic in a transparent and fair environment.

According to Yang, Anhui aims to cope with challenges in its real economy by improving government services, stabilizing growth and promoting economic transition. To nurture a good business environment, thousands of government officials have conducted field investigation in local companies, providing support in policy guidance, innovative project development and production factors. “President Xi’s speech delivered at a seminar on private enterprises last November has greatly inspired both central and local governments to formulate favorable policies for the private sector,” Yang said. “Now Anhui is striving to build itself into a province with the most streamlined administrative approval procedures, the most efficient government services, an optimal investment environment, and the strongest sense of gain among market players and local citizens. To this end, the government of Suzhou has developed an implementation plan for optimizing the city’s business environment, which has been well received by local businesses.”

 

Copyedited by Wang Hai

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