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The 13th Five-Year Plan for the 2016-2020 period, approved on Wednesday by the National People's Congress (NPC), China's parliament, is a new chance to examine how the world's second largest economy forecasts its future, plans its goals, deal with challenges and transform itself.

The people will not be content until they have confidence in the safety of the food they are eating. In a bid to establish the strictest possible oversight and supervision system for food safety, one that covers the whole process from production to consumption, the Standing Committee took prompt steps to revise the Food Safety Law, taking particular aim at prominent food safety problems. With an emphasis on preventing and reducing safety risks, the revised law has improved basic systems pertaining to safety standards and the monitoring and assessment of safety risks. It brings the whole process from food production and distribution to catering under supervision, and tightens legal penalties for the unlawful production and sale of food and for neglect and dereliction of food safety supervision duties. It also prescribes the establishment of a society-wide co-governance system for food safety that comprises the provision of rewards for reporting food safety problems, the release of food safety information, and the introduction of a food safety liability insurance, so that every member of society is encouraged to lawfully ensure that every bite of food is safe.

Pessimists misunderstand the Chinese economy, or they just choose to turn a blind eye to the bright spots that really matter.

As China's economy enters the "new normal," featuring slower growth but higher quality, it is important to use both the invisible and visible hands to synergize market forces and government functions, for efficiency and fairness, Xi advocated.

"The moderate increase in government deficit is projected primarily to cover tax and fee reductions for enterprises, a step that will further reduce their burdens," Li told almost 3,000 lawmakers at the Great Hall of the People in central Beijing.