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-- The economic structure was upgraded. Grain output reached 605 million metric tons; the contribution of consumption toward economic growth rose by three percentage points to 51.2%; the value added of the service sector increased from 46.9% to 48.2% of the GDP; and there was a constant stream of new industries, new types of business, and new business models. The central and western regions grew faster in economic terms than the eastern region.

Japan's Cabinet on Wednesday approved 4.98 trillion yen (about 42.46 billion U.S. dollars) of defense budget for the 2015 fiscal year, which starts in April, the country's largest ever and a 2 percent increase year on year.

BEIJING, March 24 (Xinhua) -- Chinese Premier Li Keqiang on Monday reaffirmed cooperation between the Asian Infrastructure Investment Bank (AIIB) and existing financial institutions.

Motorola set up its Beijing office in 1987, and its company in Tianjin in 1992, backed by an investment of 120 million U.S. dollars.

The decision was made at the 25th chairpersons' meeting of the 12th CPPCC National Committee.