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China would score very well on investment, quality of education and speed of technological progress over the past four decades of rapid growth, thanks mainly to the central values that characterize the Confucian culture, which are the importance attached to education and thrift.

China will work to ensure that government departments and State-owned enterprises clear their undisputed arrears owed to private and smaller businesses as much as possible by the end of this year, and resolute efforts will be made to see the task through, the State Council's executive meeting chaired by Premier Li Keqiang determined on Wednesday.

China will seize time to formulate an action plan for peaking carbon dioxide emissions before 2030.

China will soon release a national regulation on improving the country's business climate by establishing a fundamental framework of rules to provide institutional safeguards for investment and business operations by all types of market players, domestic and foreign.

China will further ease outbound investment limits and allow more domestic institutional investors to purchase financial assets in the global market as part of its financial market reform and opening-up, according to an official announcement.