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Li Qiang Signs State Council Decree to Strengthen Security of Industrial and Supply Chains
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According to Xinhua News Agency, Premier Li Qiang recently signed a State Council decree promulgating the "Regulations of the State Council on the Security of Industrial and Supply Chains," which takes effect immediately. The regulations aim to prevent security risks in industrial and supply chains, enhance their resilience and security levels, and safeguard economic and social stability as well as national security. First, the regulations clarify the guiding principles for industrial and supply chain security, specifying that the state will guide the rational and orderly layout of industrial and supply chains, strengthen international cooperation in the industrial and supply chain sectors, support breakthroughs in core technologies in key fields, and promote high-quality development of industrial and supply chains. Second, they establish and improve institutional measures for industrial and supply chain security, strengthen security safeguards in key sectors, and set up sound systems for information sharing, risk monitoring and early warning, risk prevention, and emergency management. These measures aim to maintain stable production, circulation, and continuous operation of raw materials, technologies, equipment, and products in critical areas. Third, in response to actions by foreign countries, regions, international organizations, as well as foreign entities and individuals that undermine the security of Mainland industrial and supply chains, a security investigation mechanism will be established. Relevant departments under the State Council may conduct security investigations accordingly and adopt countermeasures. (ta/w) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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