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We have been effectively implementing proactive fiscal policy and prudent monetary policy. We increased targeted tax reductions, reduced fees across the board, extended the coverage of tax relief policies to benefit more small and micro businesses, and expanded the trials to replace business tax with VAT to cover more industries. We sped up the process of making budgetary funds available for fiscal expenditures and put surplus budgetary funds to good use. By flexibly utilizing monetary policy instruments, making targeted cuts to required reserve ratios, carrying out targeted re-lending, and making asymmetric interest rate cuts, we stepped up support for weaker areas in economic and social development. Increases in loans made to small and micro businesses, and loans for agriculture, rural areas, and farmers, outdid the average increase in loans overall by 4.2 and 0.7 percentage points respectively. At the same time, regulation of the financial sector was improved and regional and systemic risks were forestalled.

Xu Qiliang, another CMC vice chairman, told deputies that the armed forces will strictly abide by the Party's political disciplines and follow the command of the Party leadership, CMC and Xi.

"Our fellow Chinese, living in Lithuania, contributed a lot to shape the image of Chinese people, and have achieved a lot in different areas in Lithuania via hard working," said Chinese Ambassador to Lithuania Liu Zengwen in a speech.

The network of people's congresses, which is China's fundamental political system, is also highlighted. The document says the congresses should be made more consultative so as to "include people's wisdom and gather their opinions while performing their duties according to law".

BUENOS AIRES, Feb. 6 (Xinhua) -- Ties between Argentina and China are poised to reach a higher level, boosted by President Cristina Fernandez's trip to Beijing on Feb. 3-5, according to Argentine political observer Gustavo Girado.