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"It will also help guide market expectations and keep them stable. The aim of maintaining stable growth is primarily to ensure employment and promote the people's wellbeing, and a growth rate of between 6.5 percent and 7 percent will allow for relatively full employment," Li said.

China is propelling the reform by allowing in private investment and encouraging M&A in a bid to revive its hundreds of thousands of SOEs, many of which have become ossified with declining profitability due to a lack of competition.

"Confucianism, along with other philosophies and cultures that have taken shape and grown within China [...] nourished the flourishing Chinese nation," he said.

Different countries should also lend a helping hand and provide emergency aid to Syria and its neighboring countries that have sheltered Syrian refugees, and take action to help the refugees find jobs and help the children receive necessary education, he said.

With a view to implementing the guidelines on deepening judicial reform issued by the CPC Central Committee, and in an effort to adapt to new circumstances and requirements pertaining to criminal justice, the Standing Committee deliberated and passed the 52-article Amendment IX to the Criminal Law, making considerable revisions and improvements to the law. The revisions mainly involve abolishing capital punishment for nine crimes that rarely saw the sentence applied; improving legal regulations for punishing embezzlement and bribery, with a paragraph stipulating the applicability of life imprisonment and inapplicability of commutation or parole for a specific circumstance; imposing heavier punishments on cybercrime; strengthening protection of the rights of the person for women, minors, and the elderly; making it a crime to disrupt courtroom order, organize cheating in examinations, organize or fund illegal assemblies, or fabricate or purposefully disseminate false information; and repealing the crime of having paid sex with a girl under the age of 14,instead treating such an act as a case of rape in which stringency should be shown under the relevant stipulations of the Criminal Law.