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Chinese Government Restructuring Streamlines Agencies in Charge of Key Policy Priorities

China Market Intelligence USCBC Staff

Key Takeaways

  • The State Council unveiled a government restructuring plan, proposing significant changes to the Ministry of Science and Technology, a new data bureau, and a new financial administration.
  • The focus on science and technology, data, and financial supervision reflect key government priorities amid technological competition with the United States and financial risk.

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