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BEIJING, Feb. 25 (Xinhua) -- Chinese leaders did not pass any new proposals at their latest meeting on overall reform, the 21st of its kind, but rather stressed one key word: implementation.

The president urged all military academies to advance warfare strategies to create a "military theory that is up-to-date, pioneering and unique."

Second, we deepened tax reforms. We carried out research on a plan for implementing trials of replacing business tax with value added tax (VAT) in all sectors and a reform plan for taxing personal income on the basis of both adjusted gross income and specific types of income. We further expanded the coverage of ad valorem taxation, extending it to the reform of resource taxes on rare earths, tungsten, and molybdenum. We carried out research relating to the excise tax reform plan and improved excise tax policies. We intensified efforts to review and standardize fees and charges levied on businesses.

Cui said structural reforms "will bring a brighter future to China's economy and, consequently, greater opportunity to the world."

Liu also called for a joint effort to promote the coordinative development of China's competitive sports, mass sports, sports culture, and sports industry.