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To power new growth engines, Xi has stressed about tapping the country's consumption potential, optimizing and integrating regional development and enhancing investment in innovation.
It was emphasized at the Wednesday's meeting that local governments must fully appreciate the significance of stable employment. They are required to introduce more measures that support job creation, and promptly repeal unwarranted regulations that hinder flexible employment. More efforts will be made to catalyze business start-ups and innovation. The terms of guaranteed loans to micro and small start-ups will be eased. Jobs for the public good will be expanded in areas of weakness related to people's lives.
He promised that the country will transform its development pattern, promote green development, contain pollution, enhance international cooperation, support multilateralism, uphold the principles of common but differentiated responsibilities, equity and respective capabilities, and actively implement the Paris Agreement.
Lawmakers reviewed a general report of the State Council on the management of state-owned assets (SOAs), according to which total SOAs in non-financial enterprises had reached 210.4 trillion yuan (29.7 trillion U.S. dollars) by the end of 2018, while those in financial enterprises hit 264.3 trillion yuan.
It noted that the institutional reform of the State Council and local governments was successfully carried out.
来源：资阳报