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China's Image and Global Communications High-end Forum is held at Shanghai International Studies University, June 3, 2017. [Provided to chinadaily.com.cn]
China will focus on building a modern industrial system and boosting its industrial upgrading under the new "dual-circulation" development pattern in the next five years, according to a communique issued on Thursday.
China will introduce further relaxed terms and refined procedures for deductions of the VAT in the manufacturing sector and come up with support policies for R&D and innovation in businesses, he said.
China will face pressure in the next three years, when much of the debt accumulated in the wave of the 2008 crisis will expire. According to July data, about 50 percent of the collected money from special bonds will mainly be used to pay back earlier debt issued before 2015.
China will work with Africa to formulate and implement an action plan to promote China-Africa cooperation in agricultural modernization and implement another 50 agricultural assistance programs, Xi said. The country has also pledged to provide 1 billion yuan (9 million) of emergency humanitarian food assistance, send 500 senior agriculture experts to Africa and train entrepreneurs in agribusinesses, he said.
来源：资阳报