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The country will advance the implementation of domestic regional coordinated development strategies and of the Belt and Road Initiative.

The video, produced by Xinhua News Agency, comprises nine languages -- Chinese, English, French, Spanish, Russian, Arabic, German, Korean and Japanese.

Boao, 24 March 2016

Yu Zhengsheng, chairman of the Chinese People's Political Consultative Conference National Committee, directed political advisors to a speech given by President Xi Jinping on Friday calling for unwavering efforts to develop the economy.

4) Price reform was intensified. The guidelines for moving ahead with price reform were published and implemented. Pricing controls over nearly 40 goods and services were either lifted or delegated to lower-level governments. We revised the government pricing catalog, with pricing items being reduced by 80% for the central government and by 55% for local governments. We reduced the price of on-grid electricity from coal-fired power plants and the price of electricity for industry and commerce, and significantly decreased natural gas citygate prices for non-residential users. We improved pricing policies to make them more conducive to energy conservation and environmental protection. We further reviewed and standardized charges related to imports and exports.