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China's government reasserted the importance of manufacturing in the Oct 28-31 Fourth Plenary Session of the 19th Communist Party of China Central Committee - especially calling for modernization of the industrial chain and of applying science and technology to upgrading of the manufacturing sector. And, during a visit in September to the Zhengzhou Coal Mining Machinery Group Co, President Xi Jinping underlined the importance of developing the real economy through bolstering manufacturing to enhance high-quality economic growth. Xi said that while China has the world's largest manufacturing industry, efforts are still needed in realizing industrial transformation and upgrading through technical and industrial innovation to move the nation's manufacturing up the industrial chain.

China's forestry aims to see its total industrial output value reach 8.7 trillion yuan by 2020, according to the development plan for the period of 2016 to 2020.

China's decision to lower the rates of social security contributions paid by employers, part of a broader effort to reduce corporate burden, has been lauded by entrepreneurs and experts for shoring up growth and employment.

China's consumer inflation increased by 1.6 percent last year, lower than the yearly control target of 3 percent. Analysts said it will moderately rise by over 2 percent this year, but will not trigger any major monetary policy adjustment.

China's historical foreign policy that supported African countries' liberation from colonialism, and its longstanding respect for the cultural values and political choices of the African people, has made China a strong ally of Africa. The patronizing attempt by the West to impose its own political ideologies on African countries has been rejected. African has embraced a relationship with China built on mutual respect and understanding.