Despite mounting pressure on its peripheral security situation, China's defense budget growth will slow in 2013 for the second consecutive year.
Environmental protection and food safety were highlighted among issues concerning people's livelihood in Premier Wen Jiabao's Government Work Report delivered to the National People's Congress on Tuesday.
"It is very reassuring to learn that the government of China has set a target of 7.5 percent GDP growth while trying to keep inflation at a manageable level. It will not only maintain China's prosperity, but also help spur the regional and global economy, which Indonesia can benefit from."
Premier vows strategy that will stabilize exports, expand imports
China's outbound investment is expected to grow by 15 percent this year, according to a report issued on Tuesday by the National Development and Reform Commission.
Making predictions is always a hazardous game, particularly on matters that relate to the economic health of a nation, considering that there are many hidden bumps.
China will allow more borrowing by local governments as part of a surging fiscal deficit this year, which may be a long-term mechanism to stimulate growth and promote urbanization, experts said.
Wen appeals for an 'active but prudent' advance for urban growth
A senior official of the Tibet autonomous region said the "Tibetan government-in-exile" in Dharamsala, India, is two-faced because it claims to discourage self-immolation but actually fans extremism in China.
'The fruits of development should be shared more equitably by all people."
"There are far too many gala events (in China). A gala event will not only cost millions ... but also produce a large amount of garbage."
China reaffirmed that it will not copy other countries' models in its drive for political reform, a spokeswoman said on Monday.
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Berlin Fang
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Liu Shinan
