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The multi-language version was adapted from a Chinese version released earlier this month by Xinhua. After it was released, the Chinese version went viral both home and abroad, with the New York Times, cnn, The Guardian, among many news providers across the world posting the video.

Second, we need to jointly promote economic growth. Emerging economies and developing countries now account for 40% of the global economy. They once contributed up to two thirds of the growth of the world economy, and played a major role in the global efforts to tackle the 2008 financial crisis. But things have been tough over the past two years, as some of them have experienced significant economic slowdown and even negative growth. Asia, which is home to the largest number of emerging economies, has on the whole maintained a strong growth momentum. Last year, the growth of developing economies in Asia reached 6.5% and accounted for 44% of global growth. Therefore, Asian nations should enhance confidence, foster new impetus of growth from within, and stimulate vitality to play a bigger role for economic recovery not only in this part of the world but also globally. It is our hope that countries in the world will join hands to deepen cooperation, form synergy, strengthen macro-policy coordination, oppose trade protectionism of all forms, adopt more growth-friendly policies, and try to avoid the spillover effect of the policy adjustments in certain countries. China proposes establishment of an Asian Financial Cooperation Association, and China stands ready to work with all parties to improve Asia's financial market and prevent massive regional financial turbulence from happening again.

To address low efficiency resulting from redundant programs, over 100 state-funded programs will be merged into five plans: human resources, natural sciences, major sci-tech, R&D and technical innovation.

Authorities are ready to act on Sunday's State Council guideline.