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"How can established destinations react and what will the future of Chinese outbound tourism look like?" was the question left for panelists to discuss and answer.

We have been effectively implementing proactive fiscal policy and prudent monetary policy. We increased targeted tax reductions, reduced fees across the board, extended the coverage of tax relief policies to benefit more small and micro businesses, and expanded the trials to replace business tax with VAT to cover more industries. We sped up the process of making budgetary funds available for fiscal expenditures and put surplus budgetary funds to good use. By flexibly utilizing monetary policy instruments, making targeted cuts to required reserve ratios, carrying out targeted re-lending, and making asymmetric interest rate cuts, we stepped up support for weaker areas in economic and social development. Increases in loans made to small and micro businesses, and loans for agriculture, rural areas, and farmers, outdid the average increase in loans overall by 4.2 and 0.7 percentage points respectively. At the same time, regulation of the financial sector was improved and regional and systemic risks were forestalled.

"Since the gist of the book is about whether China's core interests are compatible with its idea of peaceful development, we should first and foremost make clear about what China's core interests are," he said.

"When the KMT faces its most grimm time, I can't just walk away from the party. Instead I must run for party chief in a bid to carry out sweeping and profound reform and revive the spirit of the party," Chu said on his Facebook account when he announced his running for the chairmanship soon after the KMT's crushing loss in local elections in November.

This year's document put more emphasis on "strengthening reform and innovation," compared to the one of 2014, Zhu Lizhi, a research fellow with the Chinese Academy of Agricultural Sciences told Xinhua.