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Li said that the real economy will be upgraded for better quality and greater efficiency through faster depreciation rate in machinery, textile, light industry and automobiles sectors and more investment channeled towards technical transformation of traditional industries. Corporate R&D innovation will be encouraged by way of extra tax deduction for R&D costs and revision of the Administrative Measures for Determination of High and New Tech Enterprises. Wider application of green, energy-efficient and low-carbon products will be encouraged, and more sectors could plug in the "Internet+" initiative to foster new growth areas. As each sector becomes more vibrant, the stability of the overall economy will be built on a more solid basis.
Officials must ward off blind real estate development and speculation on housing prices in areas surrounding Beijing, Zhang said during a meeting on promoting an interprovincial program for coordinated development between Beijing and the nearby Tianjin Municipality and Hebei Province.
The former will be market-based and stick to commercial operations and should aim to increase state-owned assets and boost the economy, while the latter will exist to improve people's quality of life and provide public goods and services.
BEIJING, Aug. 29 (Xinhua) -- China's top legislature on Saturday adopted amendments to the Criminal Law, removing the death penalty for nine crimes, and ruling out commutation for most corrupt figures.
Zhao, deputy head of the CPC Central Commission for Discipline Inspection (CCDI), made the remarks during a five-day visit in France set to be concluded Wednesday.
来源：资阳报