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China will increasingly rely on endogenous innovation to spur economic development in the future, a process that needs risk takers from private businesses, while state firms, always slower and more cautious in decision-making, are relatively less vigorous and not that willing to take risks, Fan said.
China will launch a targeted campaign to better supervise the online market and to step up law enforcement for sectors including medical care, drugs, food and health foods.
China will expand financing channels for start-ups to encourage inclusive financial services, promote intellectual property rights financing and establish government venture capital funds.
China will push forward proactive fiscal policy, especially in the form of further tax cuts, and strengthen government expenditure to ease economic downward pressure amid Sino-American trade tensions, Finance Minister Liu Kun told China Daily in an interview on Thursday.
China's State Council issued a guideline in September to support the region's "green" transformation.
来源：资阳报