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Rather than adopting strong stimulus policies that would have an economy-wide impact, we continued to move forward with structural reform. We intensified reform to streamline administration, delegate more powers, improve regulation, and provide better services. We delegated the power or cancelled the requirement for government review for 311 items, cancelled the requirement for verification or approval for 123 professional qualifications, and put a complete stop to the practice of non-administrative review. The number of items which require government approval for new businesses prior to registration was cut by 85%, and the system of a separate business license, organization code certificate, and taxation registration certificate was replaced by a unified business license with a unified social credit code. Both operational and post-operational oversight over businesses were strengthened, and public service procedures were improved. Government-related procedures for individuals and businesses were made much simpler, such that enthusiasm for stepping out into business and making innovations is rising by the day.

The budget deficit increase, which has received much media hype this year as the central government decides to expand it to 2.18 trillion yuan (334 billion U.S. dollars), only wowed 10 percent of respondents.

BERLIN, March 9 (Xinhua) -- Chinese exhibitors have gathered to promote "Silk Road Tourism" in China as the 50th Berlin International Tourism Fair (ITB) kicked off here on Wednesday.

Robust e-commerce and convenient delivery services have connected nearly every part of China, meaning there is ample room to further tap in to consumption potential.

GENEVA, Feb. 24 (Xinhua) -- A senior Chinese diplomat on Wednesday said here that China, already being among the largest contributors to the UN and other international organizations, will play a bigger role in multilateral diplomacy and make greater contributions to the UN with its continuous growth of the comprehensive national strength.