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Tian Zhiping, regional CEO of Dubai-based ICBC Middle East, said that 2012 was another year of strong growth for them the company continued to benefit from its regional franchise and unique position as a bridge for trade and investment between the Middle East and China. "We have taken part in important syndications and witnessed growing volumes of RMB transactions, all of which added to our business growth."

In 2011, the output value of the energy conservation service industry amounted to 125 billion yuan, an increase of 49.5 percent year on year. Energy service companies carried out more than 4,000 energy performance contracting projects with a total investment of 41.2 billion yuan, up 43.5 percent year on year, saving energy equivalent to more than 16 million tons of standard coal.

The work report of China's supreme court also delivered at the session showed that during the same period courts nationwide meted out verdicts on 138,000 cases of bribery and malfeasance involving 143,000 criminals.

A festival gathering was held Friday morning at the Great Hall of People in central Beijing.

China's economy is improving at all levels, he said.