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China plans to restructure its Ministry of Science and Technology to better allocate resources to overcome challenges in key and core technologies, and move faster toward greater self-reliance in science and technology.
The restructured ministry will play a bigger role in improving a new system for mobilizing the nation to make technological breakthroughs, optimizing sci-tech innovation, facilitating application of sci-tech advances, and coordinating science and technology with economic and social development, according to a reform plan of the State Council institutions submitted to China's national legislature for deliberation on Tuesday.
Its macro management functions in science and technology-related strategic planning, institutional reforms, allocation of resources, comprehensive coordination, formulating policies and regulations and supervision and inspection will also be strengthened, according to the plan.
China will set up a national financial regulatory administration, according to a plan submitted Tuesday to the national legislature for deliberation.
Directly under the State Council, the proposed administration will be in charge of regulating the financial industry except the securities sector, according to the plan on reforming State Council institutions.
It will be established on the basis of the China Banking and Insurance Regulatory Commission, which will not be retained, the plan said, noting that certain functions of the People's Bank of China and the China Securities Regulatory Commission will be transferred to the new administration.
China will deepen the reform of its local financial regulatory mechanism, according to a plan submitted Tuesday to the national legislature for deliberation.
To do that, China will develop a local financial regulatory mechanism with agencies dispatched by central financial regulators as the mainstay, said the plan on reforming State Council institutions.
The institutional structure and resources of these dispatched agencies will be optimized in a coordinated manner, the plan noted.
The China Securities Regulatory Commission will become a government agency, rather than a public institution, directly under the State Council, according to a plan on reforming State Council institutions submitted Tuesday to the national legislature for deliberation.
China will advance reform of the branches of the People's Bank of China, the central bank, according to a plan on reforming State Council institutions submitted Tuesday to the national legislature for deliberation.
China will improve the regulatory mechanism on State-owned financial capital, according to a plan on reforming State Council institutions submitted Tuesday to the national legislature for deliberation.
China will unify and standardize the management of the staff of financial regulators, according to a plan on reforming State Council institutions submitted Tuesday to the national legislature for deliberation.
China will establish a national data bureau, according to a reform plan submitted Tuesday to the national legislature for deliberation.
The proposed bureau, to be administered by the National Development and Reform Commission (NDRC), will be responsible for advancing the development of data-related fundamental institutions, coordinating the integration, sharing, development and application of data resources, and pushing forward the planning and building of a Digital China, the digital economy and a digital society, among others.
Certain functions of the Office of the Central Cyberspace Affairs Commission and the NDRC will be transferred to the new bureau, said the plan on reforming State Council institutions.
China will improve the functions of the Ministry of Agriculture and Rural Affairs, according to a plan on reforming State Council institutions submitted Tuesday to the national legislature for deliberation.
China will improve its elderly-care work mechanism to implement the proactive national strategy in response to population aging and to expand the basic elderly-care services to cover all senior citizens, according to a reform plan of State Council institutions submitted Tuesday to the national legislature for deliberation.
China will improve the management mechanism for intellectual property rights (IPR) to upgrade IPR creation, application, protection and management, according to a reform plan of the State Council institutions submitted Tuesday to the national legislature for review.
According to the plan, the China National Intellectual Property Administration, currently administered by the State Administration for Market Regulation, will be adjusted into an institution directly under the State Council.
The move is aimed at adapting to the demand of building a country of innovation, according to the plan.
The National Public Complaints and Proposals Administration will become an institution directly under the State Council from one under the general office of the State Council, according to a plan on reforming the State Council institutions.
The move is made to strengthen and improve the handling of public petitions and better safeguard the interests of the people, according to the plan submitted to the annual session of the National People's Congress for deliberation.
China's state institutions at the central level will downsize their staff by 5 percent, according to a plan on reforming State Council institutions made public Tuesday.
The State Council will still consist of 26 departments besides its general office after the reform plan is implemented, according to the plan submitted to the annual session of the National People's Congress for deliberation.
来源:新华社
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