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At the same time, we are soberly aware that there are still a number of difficulties and problems standing in the way of fiscal work. Among these are the increasing difficulty in maintaining a balanced budget and the inflexibility in the structure of expenditures. Debt pressure on local governments is mounting, instances of borrowing in breach of regulations or in disguised form are still occurring, and the prevention and control of potential risks is becoming exceptionally difficult. The capacity of certain departments and organizations to execute their budgets is still quite poor, and work on some major programs has not gotten off the ground on time or has progressed at an unacceptably slow pace. Furthermore, government funds can still be utilized in a more coordinated, secure, and effective manner. We view these issues as extremely important, and will take effective measures to resolve them.

-- Those who committed crimes while under the age of 18 and received a maximum sentence of three years in prison, or have less than a year left to serve, with the exception of those convicted of homicide, rape, terrorism or narcotics offences.

Yang spoke with visiting OAS secretary-general Luis Almagro in Beijing about how bilateral cooperation can benefit relations between China and the American states, especially Latin American and Caribbean countries.

Box 10: Development of the Four Regions

Li said that last year, despite a sluggish world economy and prominent structural problems facing the domestic economy, China's GDP realized medium-high growth on the basis of 10 trillion U.S. dollars.