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3) Steady progress was made in the area of social security. The number of people covered by basic old-age insurance has reached 858 million. The rate of participation for basic medical insurance stood at over 95% and pension benefits for enterprise retirees continued to rise. The minimum basic pension benefit for rural and non-working urban residents rose from 55 yuan to 70 yuan per month. The annual government subsidy for basic medical insurance covering rural and non-working urban residents was increased from 320 yuan to 380 yuan per person. Work to establish a standardized system to provide basic necessities for people experiencing extreme difficulties began. The system for granting living allowances to people with disabilities who are facing financial difficulties and a caring subsidy to people with serious disabilities was put in place in 20 provinces and provincial-level municipalities, with over eight million people benefiting from the system.

He called on the two sides to actively implement the major China-Africa cooperation plans announced by President Xi at the Forum on China-Africa Cooperation (FOCAC) summit in South Africa's Johannesburg last December.

(4) Budgets for social security funds

BEIJING, March 5 (Xinhua) -- The 12th National People's Congress (NPC), China's national legislature, opened its fourth session on Saturday morning at the Great Hall of the People in Beijing.

The law mandates the government prioritize the development of deep sea technology. Enterprises involved in deep sea technology research and deep sea equipment will be supported, and exchanges, cooperation and sharing encouraged.