China will introduce a series of measures to better coordinate economic reforms between the macro and micro levels, said an official on Friday.
China will foster the stable and sound development of the real estate market while accelerating the growth of emerging industries and expanding domestic demand. This is with the aim of facilitating the transition from old to new development drivers, and provide diverse support for high-quality growth, a senior economic official said on Friday.
China will increase the supply of high-quality educational resources, including optimizing the regional allocation to meet changes in school-age population, Education Minister Huai Jinpeng said in Beijing on Friday.
Senior Communist Party of China official Li Shulei on Thursday stressed the need to deeply understand and grasp the guiding principles from a key Party plenum.
Thanks to the establishment of specialized courts, including those involving finance and intellectual property, disputes in relevant fields have been resolved more efficiently, demonstrating that China's efforts to optimize the business environment by rule of law have been further strengthened, legal experts said.
Structural reforms to boost technological innovation and drive industrial upgrading will be among the key priorities of China's policymakers to foster new quality productive forces and promote high-quality development over the next few years, said economists and entrepreneurs.
China's economy grew by 5 percent in the first half of this year, signaling a steady recovery despite challenges at home and abroad, and reaffirming its role as a vital engine for global economic growth.
Many overseas observers have noted that, under Xi's leadership, China will continue to sail with a reaffirmed commitment to reform and opening-up.