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China ramped up targeted poverty-relief efforts in late 2012 in a bid to eliminate extreme poverty by the end of 2020. The needy population - those with an annual income under the poverty line of 2,300 yuan (5) set in 2010 and adjusted annually for purchasing power parity - stood at almost 100 million in 2012.

China should step up its strategic reserves of natural gas and come up with more gas storage facilities to avoid gas shortages in the winter, with logistics being one of the major constraints, said Wang Yilin, chairman of China National Petroleum Corp (CNPC), the country's largest oil and gas producer by annual output.

China maintained stable employment last year, with the number of newly created jobs in urban areas reaching 123.7 percent high as the annual target, amid a moderate economic growth and external uncertainties.

China is working on measures to enlarge its middle-income group, including increasing earnings for the low-income class, equalizing public services and reforming taxation, as Economic Information Daily reported Thursday.

China will continue to pursue two-way opening-up and investment, develop an open world economy and ensure the smooth flow of global industry and supply chains, he said.