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          chinadaily.com.cn
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          China Daily Website

          China plans to cut govt economic intervention

          Updated: 2013-05-07 09:25
          ( Xinhua)

          Further efforts will be made to deepen reforms in state-run hospitals and accelerate medicare insurance on serious illness in urban and rural areas.

          The government will implement the strictest regulatory policies on food and medicine safety and improve related access system.

          It will enhance the distribution of security housing and strengthen monitoring and compensation on environmental protection.

          Residential system reform shall be further promoted to fulfill high-quality urbanization with an innovative medium- and long-term development planning.

          It will progress modernized agriculture with a solid system of confirming, registering and certificating property to protect the rights of people in rural areas.

          The reform will also cover small-sized water conservancy projects and state-owned forest regions.

          The government will give full play to the supportive functions of technology in economic growth through boosting innovation and integrating resources in an enterprise-oriented policy.

          The statement also stressed the right timing and practice of all the detailed reform plans and demanded the proper relations between market, public and government, abiding by laws.

          Since 2001, the State Council has introduced six rounds of reforms canceling or adjusting its intervention in more than 2,400 investment and production items.

          "With fewer items subject to administrative approval, the new government has shown its determination to facilitate market-oriented reform," said Nie Gaomin, director of the Economic Structure and Management Institute with the National Development and Reform Commission, the country's top economic planner.

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