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Local Governments Must Take Responsibility For Arrears - Premier

CHINA PRESS

Provincial authorities in China must take responsibility for the settlement of local government and corporate arrears in their regions, according to Premier Li Qiang. Li, presiding over an executive meeting of the State Council, said policymakers can begin in-depth research to plan next year's economic work, and further consolidate the continued recovery of the economy. Authorities should take action to support all types of business and give full play to the creation of the national unified market, Li said. (Source: 21st Century Herald)

MNI Beijing Bureau | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

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