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China's central bank has expanded credit resources for commercial banks, to boost lending to small-scale and private businesses, with the policy going in an opposite direction to some major economies' monetary tightening.
China will launch a new three-year renovation plan to address housing in rundown urban areas, with construction on 5.8 million units to start by end-2018, according to this year's government work report.
China will further improve its business environment by cutting taxes and fees and streamlining administrative approvals, Li said, adding that the negative list of market access will be fully carried out to cultivate a fair and transparent environment for all businesses.
China will focus more on maintaining the stability of macroeconomic policies to anchor market expectation, as part of the nation's efforts to confront lingering challenges in the next five years, the top economic planner said on Friday.
China will significantly increase its purchase of US goods and service to meet the consumption needs of the Chinese people and propel the high-quality economic development of China, which also helps support the US economic development and employment, according to the statement.
来源：资阳报