On December 23, Premier Li Qiang of the State Council chaired an executive meeting of the State Council. The meeting reviewed and adopted the "Opinions on Strictly Regulating Administrative Inspections Involving Enterprises", made arrangements for measures related to deepening the supervision and reform of pharmaceuticals and medical devices to promote the high-quality development of the pharmaceutical industry, studied the work related to strengthening the supervision over the entire food safety chain, listened to the report on the establishment of an incentive and restraint mechanism for transfer payments to promote high-quality development, and reviewed and adopted the "Regulations of the State Council on Regulating the Services Provided by Intermediary Institutions for the Public Offering of Stocks by Companies (Draft)".

The meeting pointed out that administrative inspections involving enterprises are an important way for administrative law enforcement entities to perform their administrative management duties, and their original intention is to regulate and guide enterprises to operate in accordance with the law. However, in practice, the problem of arbitrary administrative inspections involving enterprises by some localities and departments occurs from time to time, affecting the normal production and operation of enterprises and the improvement of the business environment. It is necessary to focus on stabilizing market expectations and improving the level of law-based administration, strictly regulate administrative inspections involving enterprises, reasonably set the frequency, properly control the intensity, and strive to improve the accuracy, and make efforts to ensure that there is neither absence nor overreach. It is necessary to clarify the subjects of administrative inspections, sort out and publish the items of administrative inspections, and curb random inspections at the source. It is necessary to reasonably determine the inspection methods, strictly enforce inspection standards and procedures, strengthen the supervision of administrative inspection law enforcement, reduce the frequency of inspections into enterprises, and put an end to random inspections. It should take the standardization of administrative inspections as an important part of the special campaign for standardizing law enforcement involving enterprises next year, promptly solve the prominent problems that have drawn strong reactions, intensify the investigation and punishment of random inspections, and seriously hold people accountable.

The meeting pointed out that it is necessary to deepen the reform of the whole process of the supervision of pharmaceuticals and medical devices, create an innovative ecosystem with global competitiveness, and promote China's transformation from a big pharmaceutical manufacturing country to a powerful one, so as to better meet the public's demand for high-quality pharmaceuticals and medical devices. It is necessary to increase support for the research and development and innovation of pharmaceuticals and medical devices, give play to the leading role of standards, and actively promote the use of innovative drugs and medical devices. It is necessary to improve the quality and efficiency of evaluation and approval, accelerate the approval and marketing of pharmaceuticals and medical devices urgently needed in clinical practice, and reduce or exempt clinical trials for innovative drugs and medical devices for rare diseases that meet the conditions. It is necessary to enhance the compliance level of the pharmaceutical industry through efficient and strict supervision and support the pharmaceutical industry in expanding opening-up and cooperation. It is necessary to promptly follow up on policies in aspects such as medical insurance, medical treatment, and prices, and work together to promote the high-quality development of the pharmaceutical industry.

The meeting pointed out that food safety is related to the physical health and life safety of the people. It is necessary to adhere to strict prevention at the source, strict management in the process, and strict control of risks, strengthen daily supervision, effectively improve the ability and level of supervision over the entire chain, and firmly safeguard the bottom line of food safety.

The meeting pointed out that it is necessary to give play to the guiding role of transfer payments in the high-quality development of localities, and arrange incentive funds to tilt towards regions with large tax contributions and relatively fast revenue growth rates. It is necessary to scientifically and standardly carry out the implementation of the mechanism, encourage all localities to cultivate tax sources through high-quality development, and enhance the initiative of local development and the fiscal sustainability.

The meeting reviewed and adopted the "Regulations of the State Council on Regulating the Services Provided by Intermediary Institutions for the Public Offering of Stocks by Companies (Draft)", emphasizing the need to give play to the role of intermediary institutions as the "gatekeepers" in the capital market, prevent improper interest binding between intermediary institutions and issuers, severely crack down on illegal acts such as financial fraud and fraudulent issuance, effectively protect the legitimate rights and interests of investors, and promote the healthy and stable development of the capital market.