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China will establish around 30 agricultural high-tech industry demonstration zones by 2025 so they become agricultural "Silicon Valleys" to boost the development of modern agriculture and support the rural rejuvenation strategy, the Ministry of Science and Technology said on Wednesday.

China's Academy of Information and Communications Technology, a government research institute, is in charge of building the China Branch of the BRICS Institute of Future Networks.

China's M2 growth target this year was set at around 12 percent, one percentage point lower than the 2016 target. Authorities have been careful not to hurt liquidity too much, to avoid financial turbulence and pressure on the real economy.

China will help foreign companies resume production, and ensure service for major projects invested by global firms to enhance the country's ability to attract foreign investment, according to the Ministry of Commerce.

China will lead the world in key sectors of the industrial internet by 2035 and be among the top countries in terms of the overall strength of its industrial internet by the middle of the century, according to the State Council guideline.