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We also need to further streamline administration, delegate power, strengthen regulation and improve services. We need to transform government functions more rapidly, improve efficiency, and ensure a level-playing field for all players and a pro-innovation institutional environment. We need to give priority to "simplicity" by taking away undue government powers and delegating them directly to the market and society wherever possible. At the same time, we need to strengthen and innovate in market oversight, explore inclusive and effective prudential regulation, and guide and support the healthy development of new business forms and models. For those players that follow the right direction but have encountered problems, we need to give them prompt guidance, fix the problems and remove potential risks. We need to give them reasonable space for development instead of rejecting them outright. As for those conducting illegal operations or fraud in the name of innovation, we will punish them to the full extent of the law. We need to strictly protect intellectual property rights. We also need to promote the "Internet plus government services" model, and set up an open platform of government public services, so that government data could be shared as much as possible. This will make it easier for individuals and companies to get things done and start up businesses, and it will enhance government efficiency.
China appreciates Kenya's firm support for China on Taiwan and the South China Sea issue, said Li.
The next Asia-Europe Finance Ministers' Meeting will be held in Bulgaria in 2018. Enditem
Xi hoped they would learn from their grandparents, love the Communist Party of China, the motherland and the people, and make contributions to the Chinese dream of the great rejuvenation of the Chinese nation.
"We extend our deepest condolences to the victims and express our heartfelt sympathy to the wounded and the families of the victims," Hua said.