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International institutions usually use two indexes to evaluate a country's fiscal risks -- its deficit should not exceed 3 percent of its GDP and general government debt-to-GDP ratio should not exceed 60 percent.

Delivered at the Fourth Session of the Twelfth National People's Congress on March 9, 2016

1) The blueprint for the Three Initiatives produced tangible results. The Belt and Road Initiative got off to a good start. Steady progress was made in the coordinated development of the Beijing-Tianjin-Hebei region, with functions non-essential to Beijing's role as the capital being relocated away from the city in an orderly manner and initial breakthroughs being made in the three key areas of transportation, ecological conservation, and industry. Efforts to develop the Yangtze River Economic Belt were stepped up, with the development of the green, ecological corridor beginning to pick up speed and the comprehensive transportation system being gradually improved.

Currently, the Czech Republic is the second biggest trading partner of China in the Central and Eastern European region, and China has been the Czech Republic's largest trading partner outside the European Union. In 2015, two-way trade topped 11 billion U.S. dollars.

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