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During the first quarter of this year, fiscal revenue fell by 14.3 percent on a yearly basis. Overall fiscal expenditure declined by 5.7 percent from a year earlier, according to data from the Ministry of Finance.

During the session, lawmakers deliberated a report on the implementation of the national economic and social development plan, and a report on the implementation of this year's budget.

During the first three months, investment in the primary industry rose 24.2 percent year-on-year. The growth was 16.7 percentage points higher than total investment and contributed 6 percent to investment growth. In breakdown, investment in agriculture, forestry and animal husbandry was up 25.4 percent, 18.2 percent, and 28.8 percent respectively.

During the same period, ABC's coverage ratio of allowance for loan impairment losses to NPLs increased by 43.81 percentage points to 252.18 percent, said ABC in its 2018 annual results announcement Friday.

During the conference, the participants discussed a wide range of topics, including industry cooperation, future technologies, as well as intellectual property rights and talent recruitment.