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"Thanks to the Chinese government plan either by integrating some news institutions or even by enriching their independence, the Chinese media became powerful entities," he added.

Also, lawmakers such as Fang Xin said there should be a mandated standard in the law for a charity's minimum spending on philanthropic donations and a maximum cap for its operational costs.

While asking governments to cut red tape, the premier talked up crowd sourcing and crowd funding as means to finance innovative projects.

The Chinese leader concluded in the remarks that dialogues and development are the key factors that can help bring peace and stability back in this part of the world.