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Fan Yun, deputy to the National People's Congress (NPC), the national legislature, and chairman of a Shanghai-based consulting firm, told Xinhua that in recent years Taiwanese companies have benefited from the rapid development of the Chinese mainland. As an entrepreneur, she believed that she has the commitment to tightening economic relations between the mainland and Taiwan.

In responding to the mounting downward pressure on the economy, we exercised targeted and well-timed regulation on the basis of range-based regulation. We adopted proactive fiscal policy that focused on increasing intensity and efficacy by expanding the scope of structural tax reductions, reducing fees across the board, and putting dormant budgetary funds to good use. Local government bonds issued to replace outstanding debt reached 3.2 trillion yuan, lessening the interest payment burden of local governments by approximately 200 billion yuan while also reducing their debt repayment pressure. We pursued prudent monetary policy with an appropriate amount of intensity, making several cuts to interest rates and required reserve ratios, reforming management of the loan-to-deposit ratio, creating new monetary policy tools, and increasing support for the real economy. Effective investment increased, special-purpose funds were established, and development was strengthened in areas in need of attention, including water conservancy, rundown urban areas and dilapidated rural housing, and railways and highways in the central and western regions. Consumer spending was promoted in key areas, spurring rapid growth in spending on recreational travel, online shopping, and information goods and services. In 2015, we also responded proactively to a variety of risks and challenges in the financial sector, such as unusual fluctuations in the stock market and the foreign exchange market, ensuring that no systemic or regional threats arose, thus safeguarding China's economic and financial security.

"Should supply-side reform not make significant progress, stimulus is required to offset the short-term drag on demand," Bloomberg economists wrote in the Saturday note.

Regarding the WMS mechanism, Cai said the summit, as an elite forum for communication and coordination for the global media, is playing an increasingly important role on the international media stage.

4) Better public services were provided. We continued to improve the basic conditions of badly built and poorly operated schools providing compulsory education in poor areas, launched the plan to strengthen the workforce of teachers in rural areas, and opened up more channels through which students from poor rural areas enter key colleges and universities. The retention rate of nine-year compulsory education reached 93%, while the gross enrollment ratio for senior secondary education reached 87%. We improved the system for community-level medical care services, the prevention and control system for major diseases, and the work to train general practitioners. The per capita government expenditures on basic public health services increased to 40 yuan, with the number of categories of basic public health services increasing to 12. We issued and implemented the national standards to guide the provision of basic public cultural services, and increased support to improve prefecture-level facilities for public cultural services. Significant progress was made in catalyzing innovative development in the sports industry.