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The government must redouble its efforts for a more enabling business environment by resolving the pressing concerns of businesses, delivering on all policy incentives and eliminating the obstacles to business development to bolster corporate confidence and competitiveness, the meeting decided.

In today's world, it was of great significance for China and Russia to strengthen collaborations and work with other countries in safeguarding multilateralism, international law and free trade system, he added.

He added that China's peacekeeping efforts in South Sudan have shown to the world the good international leadership from the Asian giant.

As part of these initiatives, China will carry out 50 agricultural assistance programs and provide emergency humanitarian food aid amounting to 1 billion yuan (147 million U.S. dollars) to African countries affected by natural disasters and that this will be complemented by 500 senior agricultural experts who will be sent to Africa.

It stipulates the means, procedure and basic requirements for conducting transfers of management rights. The revision also introduces regulation on voluntary registration of management right transfers and forbids farmers from unilaterally dissolving contracts.