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BEIJING, July 17 (Xinhua) -- China's top political advisor Yu Zhengsheng on Friday told youth from Hong Kong and Macao to better understand the country's situation and strengthen their national identity.

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.

DALIAN, Sept. 11 (Xinhua) -- Chinese Premier Li Keqiang on Thursday delivered a speech at the opening ceremony of the Annual Meeting of the New Champions 2015, also known as the Summer Davos Forum.

This deal was signed on the China-Arab States Auto Cooperation Forum, a major part of the ongoing China-Arab States Expo.

Moreover, China has launched trial projects on the trading scheme of sewage discharge quota. By the end of 2017, the projects will expand to all over the country and the scheme will play an essential role in water quality management.