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China is seeing a slower growth rate as it steps up economic restructuring. The country is transforming from high-speed growth to high-quality growth, no longer driven by manufacturing but by consumption and the service sector, with more investment into innovation and technology.
China is expected to ease entry thresholds and enlarge business scopes for foreign players to deepen opening-up efforts, he said.
China is also planning to raise the budgeted deficit ratio, a proportion of fiscal deficits to the GDP, and issue special sovereign debt, the first time since 2007. Local governments will also issue more special bonds compared with the amount raised last year, to increase spending mainly in infrastructure, the top-level policy meeting said.
China has set 2020 as the target to finish building a moderately prosperous society and to eradicate poverty.
China is committed to further strengthening their ties, Li said.
来源：资阳报