A restructured ministry, a new national financial regulatory administration and a new bureau are some of the major changes in the latest institutional reform plan for the State Council, China’s cabinet.
Passed at the third plenary meeting of the First Session of the 14th National People’s Congress (NPC) on March 10, the reform plan is the ninth round of reorganization of State Council institutions since the reform and opening-up policy was first introduced in 1978 and the largest one since 2018.
Self-reliance in sci-tech
A highlight of the reform is the restructuring of the Ministry of Science and Technology (MOST). Established in 1998, the MOST used to