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China will uphold and improve the basic socialist economic system, give full play to the decisive role of the market in resource allocation, let the government better play its role, and promote the better integration of an efficient market and a capable government, according to the document.
China's business environment has been further optimized. In 2019, it is estimated that it will reduce logistics costs by 80 billion yuan in the transportation sector, and reduce taxes and fees for civil aviation by 9 billion yuan.
China's central government will spend 354.3 billion yuan (.8 billion) on R&D and science and technology innovation this year, up 13.4 percent year-on-year, Minister of Finance Liu Kun said. The ministry will also increase infrastructure investment by 40 billion yuan year-on-year to 577.6 billion yuan this year, Liu said.
China's GDP growth remained stable in the first quarter, up 6.8 percent year-on-year and 1.4 percent month-on-month, data from the National Bureau of Statistics showed.
China will work toward building major international corridors and increase cooperation in streamlining customs clearance along the routes, said the government work report delivered to the first session of the 13th National People's Congress.