On the afternoon of March 7, the first session of the 14th National People’s Congress held its second plenary session in the Great Hall of the People in Beijing. Entrusted by the State Council, Xiao Jie, State Councilor and Secretary-General of the State Council, gave an explanation on the State Council’s institutional reform plan.
Reorganize the Ministry of Science and Technology
The Ministry of Science and Technology was re-established according to the State Council’s proposal on submitting the institutional reform plan of the State Council. Strengthen the functions of the Ministry of Science and Technology to promote the improvement of the new national system, optimize the whole chain management of scientific and technological innovation, promote the transformation of scientific and technological achievements, and promote the combination of science and technology with economic and social development, and strengthen macro-management responsibilities such as strategic planning, system reform, resource pooling, comprehensive coordination, policies and regulations, and supervision and inspection. Retain the responsibilities related to national basic research and applied basic research, national laboratory construction, major national science and technology projects, national technology transfer system construction, transfer and transformation of scientific and technological achievements and Industry-University-Research integration, regional science and technology innovation system construction, science and technology supervision and evaluation system construction, scientific research integrity construction, international science and technology cooperation, scientific and technological talent team construction, national science and technology awards, etc., and still serve as the constituent departments of the State Council.
The responsibility of organizing the Ministry of Science and Technology to formulate plans and policies for promoting agricultural and rural development through science and technology and guiding rural scientific and technological progress is assigned to the Ministry of Agriculture and Rural Affairs. The responsibilities of the Ministry of Science and Technology in organizing and formulating plans and policies for promoting social development through science and technology are assigned to the National Development and Reform Commission, the Ministry of Ecology and Environment, the National Health and Wellness Commission and other departments. Organize the Ministry of Science and Technology to formulate plans and policies for high-tech development and industrialization, guide the construction of national independent innovation demonstration zones, national high-tech industrial development zones and other science and technology parks, and guide the development of science and technology services, technology markets and science and technology intermediary organizations into the Ministry of Industry and Information Technology. The responsibility of the Ministry of Science and Technology for introducing foreign intelligence was assigned to Ministry of Human Resources and Social Security, and the brand of State Administration of Foreign Experts Affairs was added to Ministry of Human Resources and Social Security.
We will deepen the reform of the allocation and use mechanism of financial science and technology funds, improve the implementation of the central financial science and technology plan and the management system of professional institutions, adjust the responsibilities of the Ministry of Science and Technology, such as the coordinated management of the central financial science and technology plan (special projects, funds, etc.) and the coordinated evaluation of scientific research project funds, and assign the China Rural Technology Development Center under the Ministry of Science and Technology to the Ministry of Agriculture and Rural Affairs, the China Biotechnology Development Center to the National Health and Wellness Commission, and the China 21st Century Agenda Management Center and the High-tech Research and Development Center of the Ministry of Science and Technology to the National Natural Science Foundation of China.
The National Natural Science Foundation of China is still managed by the Ministry of Science and Technology.
The Ministry of Science and Technology no longer retains the brand of State Administration of Foreign Experts Affairs.
set up a national financial regulatory administration
According to the State Council’s proposal on submitting the State Council’s institutional reform plan, the State Financial Supervision and Administration Bureau was established. Unified responsibility for the supervision of the financial industry except the securities industry, strengthening institutional supervision, behavioral supervision, functional supervision, penetrating supervision and continuous supervision, overall responsibility for the protection of financial consumers’ rights and interests, strengthening risk management and prevention and disposal, and investigating and dealing with illegal acts according to law, as an institution directly under the State Council.
The State Financial Supervision and Administration Bureau was established on the basis of the Bank of China Insurance Regulatory Commission, and the daily supervision duties of the People’s Bank of China on financial holding companies and other financial groups, the protection duties of financial consumers and the investor protection duties of the China Securities Regulatory Commission were assigned to the State Financial Supervision and Administration Bureau.
China Banking Insurance Regulatory Commission will no longer be retained.
deepen the reform of local financial regulatory mechanism
Deepen the reform of local financial supervision system according to the State Council’s proposal on submitting and reviewing the State Council’s institutional reform plan. Establish a local financial supervision system based on the local agencies of the central financial management department, and make overall plans to optimize the establishment and strength of the local agencies of the central financial management department. Financial supervision institutions set up by local governments specialize in supervision duties, and no longer put up brands such as financial work bureau and financial office.
China Securities Regulatory Commission was reorganized into an institution directly under the State Council.
According to the State Council’s proposal on submitting the State Council’s institutional reform plan, China Securities Regulatory Commission was adjusted to be directly affiliated to the State Council. China Securities Regulatory Commission was restructured from a public institution directly under the State Council to an institution directly under the State Council. Strengthen the supervision responsibility of the capital market, and assign it to the audit responsibility of corporate bond issuance of the National Development and Reform Commission, and the China Securities Regulatory Commission will be responsible for the audit work of corporate (enterprise) bond issuance.
Make overall plans to promote the branch reform of the People’s Bank of China.
According to the State Council’s proposal to review the institutional reform plan of the State Council, the branch reform of the People’s Bank of China will be promoted as a whole. China People’s Bank’s regional branches and branch business management departments, business management departments directly under the head office and provincial capital city central branches were abolished, provincial branches were established in 31 provinces (autonomous regions and municipalities directly under the Central Government), and branches in cities with separate plans were established in Shenzhen, Dalian, Ningbo, Qingdao and Xiamen. Beijing Branch of China People’s Bank retains the brand of Business Management Department of People’s Bank of China, while Shanghai Branch of China People’s Bank and Shanghai Headquarters of China People’s Bank co-operate.
The county (city) branch of the People’s Bank of China will no longer be retained, and the relevant functions will be collected by the central branch of the People’s Bank of China. On the border or foreign trade settlement and sale of foreign exchange business in large areas, according to the needs of the work, take the China People’s Bank to (city) central branch of the agency to perform related management and service functions.
improve the regulatory mechanism on state-owned financial capital
According to the State Council’s proposal on submitting the State Council’s institutional reform plan, we will improve the state-owned financial capital management system. In accordance with the relevant regulations on the management of state-owned financial capital investors, the market operation institutions managed by the central financial management department will be divested, and the relevant state-owned financial assets will be included in the state-owned financial capital entrusted management institutions, which will uniformly perform the responsibilities of investors according to the authorization of the State Council.
Strengthen the unified and standardized management of financial management department staff.
According to the State Council’s proposal on submitting the State Council’s institutional reform plan, we will strengthen the unified and standardized management of financial management staff. The People’s Bank of China, the State Financial Supervision and Administration Bureau, the China Securities Regulatory Commission, the State Administration of Foreign Exchange and its branches and agencies all use administrative preparation, and their staff are brought into the unified and standardized management of national civil servants, and the national civil servants’ salary and treatment standards are implemented.
Establish a national data bureau
According to the State Council’s proposal on submitting the State Council’s institutional reform plan, the National Data Bureau was established. Responsible for coordinating and promoting the construction of data infrastructure system, coordinating the integration, sharing, development and utilization of data resources, and coordinating the planning and construction of digital China, digital economy and digital society, which is managed by the National Development and Reform Commission.
The responsibilities undertaken by the Office of the Central Cyber Security and Informatization Committee, such as studying and formulating the construction scheme of digital China, coordinating and promoting the informatization of public services and social governance, coordinating and promoting the construction of smart cities, coordinating the development, utilization and sharing of important national information resources, and promoting the inter-industry and inter-departmental interconnection of information resources, are assigned to the National Data Bureau, while the responsibilities undertaken by the National Development and Reform Commission include coordinating and promoting the development of digital economy, organizing and implementing the national big data strategy, promoting the basic system of data elements, and promoting the layout of digital infrastructure.
Optimize the responsibilities of the Ministry of Agriculture and Rural Affairs
Optimize the responsibilities of the Ministry of Agriculture and Rural Affairs according to the State Council’s proposal on submitting the institutional reform plan of the State Council. In order to coordinate the work concerning agriculture, rural areas and farmers with rural revitalization as the focus, and accelerate the construction of an agricultural power, the National Rural Revitalization Bureau will take the lead in monitoring and helping to prevent poverty return, organize the formulation of policies to help key counties and key areas in rural revitalization, organize the cooperation between the east and the west, counterpart support and social assistance, study and put forward suggestions on the allocation of funds related to rural revitalization by the central government, guide and supervise the use of funds, promote the development of rural assistance industries, and promote the development of rural social undertakings and public services.
During the transition period after the completion of the national poverty alleviation goal and task, the relevant assistance policies, financial support and project arrangements remained generally stable, and the capital projects were operated and managed relatively independently.
The separate National Rural Revitalization Bureau will no longer be retained.
Improve the aging work system
According to the State Council’s proposal on submitting the State Council’s institutional reform plan, we will improve the aging work system. We will implement the national strategy of actively responding to the aging of the population, promote the realization of basic old-age services for all the elderly, and transfer the responsibilities of organizing and coordinating the implementation of policies and measures to deal with the aging of the population by the National Health and Wellness Committee to the Ministry of Civil Affairs. The office of the National Working Committee on Ageing was relocated to the Ministry of Civil Affairs to strengthen its responsibilities of comprehensive coordination, supervision and guidance, and organization and promotion of the cause of ageing.
China Association for the Aged was transferred to the custody of the Ministry of Civil Affairs.
Improve the intellectual property management system
According to the State Council’s proposal on submitting the State Council’s institutional reform plan, improve the intellectual property management system. Accelerate the construction of a strong intellectual property country, comprehensively improve the level of creation, application, protection, management and service of intellectual property rights, and adjust the National Bureau of China National Intellectual Property Administration, which is managed by the State Administration of Market Supervision, to an institution directly under the State Council. Law enforcement duties in the fields of trademarks and patents continue to be undertaken by the comprehensive law enforcement team of market supervision, and relevant law enforcement work is subject to professional guidance from China National Intellectual Property Administration.
The State Bureau for Letters and Calls was reorganized into an institution directly under the State Council.
According to the State Council’s proposal on submitting the institutional reform plan of the State Council, the State Bureau for Letters and Calls was reorganized into an institution directly under the State Council. Implement the Party’s mass line in the new era, strengthen and improve people’s letters and visits, better safeguard people’s fundamental interests, and adjust the National Bureau for Letters and Calls from the National Bureau managed by the General Office of the State Council to the directly affiliated institution of the State Council.
Streamline the staffing of central state organs
According to the State Council’s proposal on submitting the institutional reform plan of the State Council, the staffing of the central state organs will be reduced. The staffing of all departments of the central state organs will be reduced by 5%, and the recovered staffing will be mainly used to strengthen key areas and important work.
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