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China is gradually playing a defining role in global technology innovation, said Robin Li Yanhong, the co-founder and CEO of Baidu, China's top search engine.

China is considering floating its own digital fiat currency and earlier this year completed a number of trials using digital fiat currency across some commercial banks.

China is now the world's second-largest economy, while its per capita income is still only about one-fifth of the average in areas with high incomes.

China has revised the Criminal Law, increasing criminal punishment for buyers of abducted women and children, and criminalized such acts, according to the white paper.

China is also planning to raise the budgeted deficit ratio, a proportion of fiscal deficits to the GDP, and issue special sovereign debt, the first time since 2007. Local governments will also issue more special bonds compared with the amount raised last year, to increase spending mainly in infrastructure, the top-level policy meeting said.