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The report on final accounts highlights five areas as the next step, including stabilizing and expanding employment, ensuring and improving people's livelihoods, and supporting the development of market entities against challenges.

BEIJING, June 9 (Xinhua) -- China will set up a special transfer payment mechanism to ensure that fiscal funds can directly benefit businesses and people, according to a State Council executive meeting Tuesday.

Relevant state departments should step up the institutional building of laws and regulations related to the Civil Code, Xi said, noting that the Civil Code should serve as an important scale plate for administrative decision-making, management and supervision.

The country will encourage foreign trade firms to explore more international markets while simplifying procedures for them to sell goods to domestic customers, according to the meeting.

"We believe that guided by the important consensus reached between the two leaders, China and India can properly deal with the current situation, jointly uphold peace and stability in the border areas, and ensure a sound and steady development of bilateral relations," Foreign Ministry spokesperson Zhao Lijian said at a press briefing.