The fifth session of the 14th National People's Congress Standing Committee held its first plenary session on the morning of the 28th at the Great Hall of the People in Beijing. Chairman Zhao Leji presided over the meeting. 165 members of the Standing Committee attended the meeting, and the number of attendees met the quorum. The meeting heard a report by Yuan Shuhong, Vice Chairman of the Constitution and Law Committee of the National People's Congress, on the review results of the revised draft of the Administrative Reconsideration Law. Strengthening the guarantee of administrative reconsideration performance and improving relevant work requirements in the third draft review; Enhance the ability of administrative reconsideration to absorb administrative disputes; Increase measures to facilitate administrative reconsideration applications; Further improve the administrative reconsideration jurisdiction system, etc. The meeting heard a report by Zhou Guangquan, Vice Chairman of the Constitution and Law Commission, on the review results of the draft law on foreign state immunity. The second draft has been revised and improved based on the opinions of the Standing Committee and various aspects. The meeting heard a report by Zhou Guangquan on the review results of the revised draft of the Civil Procedure Law. The second draft improves the relevant provisions on the territorial jurisdiction of foreign-related cases; Properly coordinate the issue of jurisdictional conflicts and improve relevant regulations; Improve the regulations for the delivery of foreign-related cases; Improve the standards for determining the jurisdiction of foreign courts; Add provisions to link with foreign country immunity laws, etc. The Constitutional and Legal Committee believes that the three drafts mentioned above are relatively mature and recommends that they be submitted for review and approval at this Standing Committee meeting. The meeting heard a report by Yuan Shuhong on the revision of the draft company law. Draft 3: Improve the registration system for registered capital subscription, improve the provisions for democratic management of companies, further strengthen the protection of shareholder rights, further strengthen the norms for controlling shareholders and actual controllers, and improve the relevant provisions for corporate bonds and legal liabilities. The meeting heard a report by He Ping, Vice Chairman of the Constitution and Law Commission, on the revision of the draft value-added tax law. The second draft of the draft will elevate the current relevant policies and regulations into law, enriching and improving the small-scale taxpayer system; Refine and clarify the specific situation of simple tax calculation; Further clarify the scope and requirements for authorizing the State Council to formulate special preferential policies; Clearly stipulate that taxpayers have the right to independently choose the processing method for retaining tax credits; In accordance with the provisions of the Legislative Law and the requirements of tax statutory principles, further standardize the relevant tax legislative authorization clauses, etc. In order to timely translate the policy measures and practical achievements of the reform and development of preschool education into legal norms, and promote the popularization, inclusiveness, safety, and high-quality development of preschool education, the State Council has proposed a proposal for the review of the draft preschool education law. Entrusted by the State Council, Minister of Education Huai Jinpeng made a statement. In order to standardize degree awarding activities, ensure the implementation of the degree system, and adapt to the needs of high-quality development and modernization construction, the State Council has proposed a proposal for the review of the draft Degree Law. Entrusted by the State Council, Minister of Justice He Rong made a statement. In order to better adapt to the new situation and requirements faced by public security management work, summarize and extract some good mechanisms and practices in public security management work, optimize and improve the punishment procedures for public security management, the State Council has proposed a proposal to review the revised draft of the Public Security Management Punishment Law. Entrusted by the State Council, He Rong made an explanation. To promote the construction of the Guangdong Hong Kong Macao Greater Bay Area and further leverage the professional roles of Hong Kong legal practitioners and Macau practicing lawyers