Reduced red tape to boost economy

State Council vows to minimize intervention and deepen reform

China's cabinet announced detailed plans on Monday to deepen economic reform, cutting government interventions that hinder robust growth.

It will cancel or delegate power to lower levels for 62 items previously subject to central government administrative approval, after similar approaches removed 71 items last month, according to a statement released after an executive meeting of the State Council chaired by Premier Li Keqiang.