China will raise its defense budget by 8.1 percent in the 2018 fiscal year, more than last year's 7 percent, according to a budget report submitted to the top legislature on Monday.
China will move faster to further open up on all fronts to gather new strength, including improving the structural layout, institutions and mechanisms in international economic cooperation, according to official statements delivered on Monday.
China's economic and financial risks are on the whole manageable, supported by sound economic fundamentals and sufficient policy tools, senior officials and analysts said on Monday.
China pledged to pull another 10 million people out of dire poverty this year and promised to adopt targeted measures against corruption and misconduct in the poverty relief sector.
It is a misinterpretation to regard the country's Belt and Road Initiative as China's geostrategic tool, as the initiative is aimed at pursuing shared benefits for all parties involved, a spokesman said at a National People's Congress news conference on Sunday.
Li Zhanshu and nine other deputies to the 13th National People's Congress on Sunday were elected executive chairpersons of the presidium of the first annual session.
China will continue to uphold the principle of peaceful development and will not threaten other nations with its military prowess.
Six years ago, Chu Chenggen was a driver carrying loads between his village in Anqing, Anhui province, and Hefei, the provincial capital.
Financial risk prevention will continue to be a tough task this year, requiring joint efforts to "hold the bottom line", especially by controlling the overall money supply and keeping a close eye on property bubbles, a national political adviser said on Sunday.
China Aerospace Science and Industry Corp, the nation's largest missile maker, will launch a satellite this year to demonstrate technologies for a vast space-based communications network capable of covering every corner on the Earth, including the Arctic and Antarctica.
China aims to achieve economic equality, improve living standards
Before Xu Qijin started maintaining power lines in Suzhou, Anhui province, his time after nightfall was mostly spent in darkness. "Life was hard then. Even the kerosene lamp was a luxury and could usually only be used when doing homework," he said.
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