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China will work to uphold and improve its basic socialist economic system and promote the high-quality development of the economy, said the milestone document adopted at the fourth plenary session of the 19th Communist Party of China Central Committee.

China's ambassador to Kenya Liu Xianfa (seated forth from left) and Cabinet Secretary in the Ministry of Transport James Macharia (seated fifth from left) and other government pose with scholarship winners during a farewell party in Nairobi. [Liu Hongjie/China Daily]

China will see more measures to boost consumer spending in the new year, as a way to bolster the country's economy amid uncertainties from international trade relations, experts said.

China's Belt and Road Initiative eyes win-win cooperation between countries along the route. Japanese economic community has pinned high hopes on the initiative for boosting regional prosperity and sharing fruits of development, and has asked the Japanese government to adopt a positive attitude towards it.

China will maintain a normal monetary policy for as long as possible and keep interest rates at a relatively low level to support small business financing and maintain ample liquidity in the system, the People's Bank of China, the central bank, said.