Premier Li Keqiang on June 4 chaired an executive meeting of the State Council, where he was briefed on a report on the rescue mission for Eastern Star, the ship that capsized on the Yangtze River on June 1.
The meeting required:
* Saving lives should continue to be the top priority for the rescue mission.
* All relevant parties should provide adequate medical treatment to the injured and scrupulously take care of relatives of the victims.
* The investigation team should carefully, and honestly, scrutinize the cause of the incident.
* There should be “accurate, timely and transparent” disclosure of information; and better safety management.
The government also decided to further support entrepreneurship and encourage more people to start their own businesses.
* Local authorities will be encouraged to set up venture capital funds and grant tax preferences to small and micro enterprises, incubators and angel investment in innovative ventures.
* State-owned funds and companies as well as foreign companies will be encouraged to start venture capital businesses in the country.
* Curbs on talent moving freely, such as requirements of residential permits and educational backgrounds, should be lifted.
* The government to continue to streamline its administrative approval powers and enhance protection of intellectual property rights to help startups.
Officials attending the meeting also agreed to streamline the approval procedures for setting up a medical institution, such as a hospital or clinic, and cancel preconditions including the number of hospital beds.
Non-profit private capital-invested medical institutions that provide basic healthcare service will get subsidies from the government.
Private capital-invested hospitals will be included in the medical insurance system, alongside with other favorable policies such as tax cuts.
The executive meeting also said that enterprises will get a single certificate once they are registered instead of three now: issued by industrial and commercial authorities, quality inspection authorities and tax authorities. The reform will make the registration procedure for enterprises faster and less expensive, and makes it easier to better monitor their credit information. By the end of 2017, all enterprises will be part of a credit-information database where basic information, such as financial reports and debt records, can be accessed.