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BEIJING, March 17 (Xinhua) -- As China's national legislature concluded its annual session Wednesday with the approval of a development blueprint for the next five years, the country is now looking at historic opportunities which, if seized, will bring concrete benefits to its 1.3-billion population and the world over.

BEIJING, March 7 (Xinhua) -- China is highly concerned about keeping stability on the Korean Peninsula and firmly opposes any move that will stir up trouble on the peninsula, a spokesperson for the Foreign Ministry said on Monday.

After reviewing the policy in 2015, the central bank found some banks could not meet the requirements, meaning they were unqualified for the narrow-based cut.

"As developing countries, China and Nepal are facing the historic missions of reform and development," Xi said, hoping the two sides will join China's Belt and Road initiative and 13th five-year plan with Nepal's reconstruction and development plan.

Eventually, the growth momentum comes from the vigor and creativity of the Chinese people. China is the largest developing country, with over 1.3 billion population. Hundreds of millions of them are skilled professionals with higher education background. In the next five years, 30 to 40 million more will graduate from college. To leverage our strength in labor supply and human resources will unleash the greatest potential and momentum for development. We will improve incentive mechanisms to encourage science professionals to devote themselves to innovation, and in return, they will be held in high respect and receive reasonable returns for their achievements. We will develop better methods for performance evaluation to mobilize the enthusiasm of officials in doing their job and showing initiative. We will build platforms and create conditions to support SMEs while they embrace and become part of the new economy. At the same time, we will transform and upgrade traditional engines for the economy. This way, those interested in starting their own businesses or introducing innovations will be able to put aside any burden they may carry, feel free to act, and make their life worthwhile in the process of creating social wealth. The wisdom and creativity of hundreds of millions of people will be pooled together into an incomparable force for development, taking the Chinese economy over various hurdles and onto new levels.