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China's central government will spend 354.3 billion yuan (.8 billion) on R&D and science and technology innovation this year, up 13.4 percent year-on-year, Minister of Finance Liu Kun said. The ministry will also increase infrastructure investment by 40 billion yuan year-on-year to 577.6 billion yuan this year, Liu said.
China will uphold and improve the basic socialist economic system, give full play to the decisive role of the market in resource allocation, let the government better play its role, and promote the better integration of an efficient market and a capable government, according to the document.
China will remain firmly committed to continuing economic opening-up and broadly deepening financial reforms, including renminbi exchange rate liberalization, despite the ongoing trade tensions, according to the country's top foreign exchange regulator on Monday.
China will focus on pollution prevention and control over the next three years, according to the statement released after last week's Central Economic Work Conference.
China will push the opening up of its financial market but it does not necessarily mean loosening financial regulation, the central bank said on Friday.
来源：资阳报