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In building a new environment for innovation, the central government is pushing ahead various reforms, which focus on the creation of an easy, fair, open and transparent environment for innovation, to let more gutty and capable people to join in the process of market competition and wealth creation.
China will speed up the growth of private banks and encourage financial institutions to provide multi-faceted financial services to companies through community and cellphone banks. The government also encourages Internet finance companies to provide standardized services to smaller businesses, farmers and the rural economy, said the statement.
The 25th Session of the China-U.S. Joint Commission on Commerce and Trade (JCCT) was slated for Dec. 16 to 18, spokesman Hong Lei told a routine press briefing.
Xi said infrastructure construction, economy and trade, energy, investment are the major areas for cooperation within the framework of Silk Road Economic Belt initiative.
China, he said, firmly supports the Fijian people in independently choosing a development path that fits the national conditions of Fiji, stands behind Fiji's efforts in developing its economy and improving people's life, and backs its reasonable appeals in the international arena.