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China to accelerate key reform measures in 2025: official

China-NPC Briefing/Reform

STR NEWS by STR NEWS
مارچ 7, 2025
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https://strnews.tv/wp-content/uploads/VIDEOS/8418655%20Hd-50I%2020250305221723267-1.webm

ID: 8418655
Dateline: March 5, 2025/File
Location: China;
Duration: 1’43
Source: China Central Television (CCTV)
Restrictions: No access Chinese mainland
Published: 2025-03-06 04:49
Last Modified: 2025-03-06 08:39
Shotlist

FILE: Beijing, China – Date Unknown (CCTV – No access Chinese mainland)
1. Various of Great Hall of the People, flags

Beijing, China – March 5, 2025 (CCTV – No access Chinese mainland)
2. SOUNDBITE (Chinese) Shen Danyang, head of drafting team for Government Work Report; director, State Council Research Office (partially overlaid with shots 3-5):
“In terms of fiscal and tax system reforms, this year we will accelerate the shift in the collection of certain consumption taxes to a later stage, as well as transfer responsibility for collection to local governments. While this reform has been discussed for several years, we are now committed to fast-tracking it. The goal is to ease the financial burden on production enterprises without increasing the tax burden on consumers, while also helping local governments improve the consumption environment and drive local consumption growth.”
++SHOTS OVERLAYING SOUNDBITE++
FILE: China – Exact Location and Date Unknown (CCTV – No access Chinese mainland)
3. Bank clerk counting Chinese yuan banknotes
4. Various of Chinese yuan banknotes going through cash counting machines
5. Stacked Chinese yuan banknotes
++SHOTS OVERLAYING SOUNDBITE++

FILE: China – Exact Location and Date Unknown (CCTV – No access Chinese mainland)
6. Aerial shots of 5G base station, technicians

FILE: Shanghai, China – 2024 (CCTV – No access Chinese mainland)
7. Reception of international medical center of local hospital
8. Various of patients consulting doctors

FILE: Kunming City, Yunnan Province, southwest China – Date Unknown (CCTV – No access Chinese mainland)
9. Various of class in progress

Beijing, China – March 5, 2025 (CCTV – No access Chinese mainland)
10. SOUNDBITE (Chinese) Shen Danyang, head of drafting team for Government Work Report/director, State Council Research Office (starting with shot 9/partially overlaid with shots 11-12/ending with 13):
“This year, we will further ease market access for foreign investments, expand pilot programs in sectors such as telecommunications, healthcare, and education, and revise the ‘Catalogue of Encouraged Foreign Investment Industries’ to broaden the scope of foreign investment. Additionally, we will focus on enhancing services for foreign-invested enterprises, optimizing the entire project process, expanding financing channels, and facilitating smoother personnel exchanges. We believe that as long as foreign investors seize favorable opportunities and invest strategically in China for the long term, they will be well-positioned to share in the new business opportunities generated by China’s expanding market.”
++SHOTS OVERLAYING SOUNDBITE++
FILE: China – Exact Location and Date Unknown (CCTV – No access Chinese mainland)
11. Various of Chinese, foreign engineers working together

FILE: Shenzhen City, Guangdong Province, south China – Date Unknown (CCTV – No access Chinese mainland)
12. Various of immigration inspection hall; foreign travelers queuing for immigration inspection
++SHOTS OVERLAYING SOUNDBITE++

FILE: Beijing, China – Date Unknown (CCTV – No access Chinese mainland)
13. Aerial shots of cityscape, traffic

Storyline

China will speed up the implementation of key reforms this year, targeting the fiscal, educational, healthcare, and foreign investment sectors, Shen Danyang, director of the State Council Research Office, said Wednesday in Beijing.

At a media briefing following Premier Li Qiang’s government work report at the opening of the third session of the 14th National People’s Congress, Shen, a drafter of the report, outlined that 2025 will see a focus on both comprehensive reforms and breakthroughs in key areas, with particular emphasis on fast-tracking landmark initiatives.

“In terms of fiscal and tax system reforms, this year we will accelerate the shift in the collection of certain consumption taxes to a later stage, as well as transfer responsibility for collection to local governments. While this reform has been discussed for several years, we are now committed to fast-tracking it. The goal is to ease the financial burden on production enterprises without increasing the tax burden on consumers, while also helping local governments improve the consumption environment and drive local consumption growth,” Shen said.

Turning to education, Shen highlighted the gradual introduction of free preschool education, as proposed in the government work report. In healthcare, the government plans to deepen reforms in public hospitals, emphasizing public welfare to ensure more accessible and affordable healthcare services for residents, Shen said.

Shen also outlined plans to expand market access for foreign investment in key sectors this year. He stressed the importance of progressively deepening institutional reforms, increasing both independent and unilateral openness, and improving the business environment through market-driven policies, rule of law, and international standards.

“This year, we will further ease market access for foreign investments, expand pilot programs in sectors such as telecommunications, healthcare, and education, and revise the ‘Catalogue of Encouraged Foreign Investment Industries’ to broaden the scope of foreign investment. Additionally, we will focus on enhancing services for foreign-invested enterprises, optimizing the entire project process, expanding financing channels, and facilitating smoother personnel exchanges. We believe that as long as foreign investors seize favorable opportunities and invest strategically in China for the long term, they will be well-positioned to share in the new business opportunities generated by China’s expanding market,” said Shen.

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