Fujian province will take steps to alleviate financing difficulties for private enterprises and further reduce tax burdens to shore up the economy, said the provincial governor, Tang Dengjie.
Jiangsu province will put forward solid measures to deepen cooperation between the province and countries involved in the Belt and Road Initiative.
Many industries in the Ningxia Hui autonomous region have seen economic ups and downs due to fluctuations in coal related business and supply-demand dynamics. We must break the mold when upgrading traditional industries. We need to use ecological protection to force the region to resolutely eliminate backward production capacity and make room for high-quality development. Not a single coal mine is now allowed to operate in the Helan Mountain Nature Reserve. Those within the reserve have been shuttered. The region cannot move forward by overreliance on investments from the government and real estate. The only way forward is to change course and seek quality development.
Former United States ambassador J. Stapleton Roy said he believes the two sessions will cover the key issues that China faces, particularly the domestic economic situation.
A young deputy to the 13th National People's Congress, 24-year-old Zou Bin, comes from a humble background and made his name as a highly skilled construction worker.
In China, a country with more than 560 million farmers, the importance of rural work can never be overemphasized.
This is not exactly the best of times to be an economic commentator. Considering that geopolitical tensions and uneasy trade winds are making the overall picture hazy, it would be even more difficult to hazard a guess on the eventual course of the economy, particularly in China.
Premier Li Keqiang, delivering the Government Work Report on Tuesday at the second session of the 13th National People's Congress, said China will continue to promote opening-up and build international economic cooperation and competition.
China's "aggressive" tax cut plan for 2019 highlights the central government's determination to promote high-end manufacturing and could motivate enterprises to increase investment despite the temporary slowdown in industrial profits, experts said on Tuesday.
The government will reform and refine its systems to facilitate the country's pursuit of high-quality development and environmental protection, Premier Li Keqiang pledged as he delivered the Government Work Report at the opening of the second session of the 13th National People's Congress on Tuesday.
The Government Work Report, delivered by Premier Li Keqiang on Tuesday, received high marks from national lawmakers and netizens, a senior official said.
Increased government spending this year is expected to boost construction of infrastructure and ease financial risks, a priority measure the government will take to stabilize economic growth, according to analysts.
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