Li lists goals: Cut red tape, aid business

Premier advocates easing approval process, unleashing firms' potential

The Chinese government reaffirms its commitment to streamline its administrative processes and delegate power to lower levels of government in order to further unleash business potential, create jobs and transform government functions, Premier Li Keqiang said at a national video and telephone conference with regional government officials on Tuesday.

Li cited five key targets for this year's efforts: encouraging employment and entrepreneurship, easing businesses burdens, boosting investment, creating a level playing field for businesses and bringing convenience to the public. In addition, he said, efforts to streamline government administration are entering their most crucial stage.