National Standing Committee: Study policies and measures to resolve structural contradictions in key industries

On February 10, Li Qiang chaired an executive meeting of the State Council to study policies and measures to resolve structural contradictions in key industries. The meeting pointed out that it is necessary to insist on making efforts from both the supply and demand sides, address both the symptoms and root causes to resolve structural contradictions in key industries, and promote the healthy development and quality upgrading of industries. It is necessary to optimize industrial layout, strengthen standard guidance, promote integration and reorganization, promote the withdrawal of backward and inefficient production capacity, and increase the supply of high-end production capacity. It is necessary to optimize market supervision, strengthen industry self-discipline, and jointly maintain a market order of fair competition and survival of the fittest.