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The draft of charity law will be read for the third time by the legislators at the annual sessions. The bill has already gone through two readings at the NPC Standing Committee's bi-monthly sessions. Lawmakers have stressed transparency as the underlying factor for the vitality and credibility of charities.

7. We put greater emphasis on ensuring and improving living standards and made consistent progress in improving people's quality of life. Multiple methods were used to increase investment, strengthen points of weakness, and help those most in need, thereby helping to weave a strong social safety net.

The circular demanded "proactive" investment-based immigration policies to attract foreigners willing to invest in China.

"Our focus should rather remain on structural reforms. What is desirable is innovation, deregulation, more competition, and greater openness," said Li.

When China was founded in 1949, it was a big but poor agricultural country, with a mostly rural population; since reform and opening-up in 1978, urbanization has accelerated.