Legislators have called for support for the burgeoning Internet finance industry and better management of it.
China's National Audit Office (NAO) Tuesday reported management loopholes and malpractice concerning receptions, vehicles and overseas trips.
Lou said in his report that his ministry will properly handle local governments' debt default cases in accordance with "the principles of the market" and highlight the role of the market in restraining local governments.
Auditors discovered vague categorizing and confusing definition in the central budget and inefficient arrangement of the revenue, Liu said.
China's patent business is booming in terms of the number of applications, but the quality of patents is still poor, according to a Monday report to the top legislature.
An inspection of China's air pollution law enforcement has begun, in advance of revision to the law later this year.
Senior lawmakers on Wednesday expressed concerns over the country's low energy efficiency and high emissions, as a recent report suggested that China is lagging behind its energy conservation and emission reduction targets.
The top legislature on Thursday launched inspections on how the Law on the Protection of Minors is being implemented.