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China is determined to press ahead with its reform agenda, and reform and development are not in conflict, as pursuing structural reforms can further release market vitality and drive economic growth, Li said at a press conference following the conclusion of the annual parliamentary session.
Lavish Chinese shoppers spend big on high-end products during overseas trips, indicating that domestic enterprises could earn big if meet such demand.
Xi urged Jiangxi to make reforms, innovation and entrepreneurship engines for its development as the country's economy has entered a "new normal" featuring slower growth.
"We reaffirm our previous exchange rate commitments, including that we will refrain from competitive devaluations and we will not target our exchange rates for competitive purposes," the communique said, pledging to carefully calibrate macroeconomic policies to reduce uncertainty, minimize negative spillovers and promote transparency.
At the upcoming parliamentary session, the NPC Standing Committee will work with other NPC deputies to accomplish all tasks on the session's agenda, representing public concerns and holding the session according to frugality protocols, he said.
来源：资阳报