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China wishes US continued economic prosperity
China will increase its fiscal budget for air pollution control to 25 billion yuan (.73 billion) this year, up 25 percent year-on-year, said Vice-Minister of Finance Liu Wei.
China's National Science and Technological Innovation Plan, announced last year, called innovation "a primary driving force for development", and President Xi Jinping has described innovation as "the soul of the people and the source for the country's prosperity".
China's blockchain market heated up after the endorsement from the country's top leadership as its market size, as measured by annual spending, is forecast to hit billion by 2023 and record a compound annual growth of 65.7 percent from 2018 to 2023, said market consultancy IDC.
China will stay committed to advancing reform. Reform is the fundamental driver of China's development. China will only speed up its market-oriented reforms. We will not slow down the pace of reform, let alone turn back. The Chinese government will continue to streamline administrative approval procedures, provide more efficient services, and slash the time required to start a business, get a permit or go through customs clearance. We will introduce tax cuts on a bigger scale and meaningfully lower fees, including the social security contribution rate. The reform to transform state-owned enterprises (SOEs) into standard companies and joint-stock companies has been basically completed. China's SOEs, many of which are publicly listed, run their operations in an open and transparent manner. It is entirely up to them to make their own business decisions, and they are responsible for any profits or losses. They do not enjoy any special subsidies.
来源：资阳报