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"We should provide more timely help to the people," he said.

He pledged to keep up the tough stance against graft, severely punishing corrupt officials and restraining power in "the cage of regulations."

The government usually announces its annual growth target when the government work report is unveiled to national lawmakers. The growth target is not only seen as an official barometer of Chinese economy, but also sheds further light on how China plans to expand its economy.

The survey showed the area around the Nansha Islands has fishery reserves of about 1.8 million tonnes, with about half a million tonnes available for fishing, said Yang Beisheng, deputy head of the South China Sea Fisheries Research Institute under the Chinese Academy of Fishery Sciences.

We have been effectively implementing proactive fiscal policy and prudent monetary policy. We increased targeted tax reductions, reduced fees across the board, extended the coverage of tax relief policies to benefit more small and micro businesses, and expanded the trials to replace business tax with VAT to cover more industries. We sped up the process of making budgetary funds available for fiscal expenditures and put surplus budgetary funds to good use. By flexibly utilizing monetary policy instruments, making targeted cuts to required reserve ratios, carrying out targeted re-lending, and making asymmetric interest rate cuts, we stepped up support for weaker areas in economic and social development. Increases in loans made to small and micro businesses, and loans for agriculture, rural areas, and farmers, outdid the average increase in loans overall by 4.2 and 0.7 percentage points respectively. At the same time, regulation of the financial sector was improved and regional and systemic risks were forestalled.