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New fin-tech services will be introduced to explore more financing channels for small- and medium-sized tech companies, including asset-light firms and firms yet to make profits. Local government equity funds will be channeled to support seed and early stage high-tech startups. Insurance companies will be encouraged to develop products that cover patent enforcement and patent infringement to forestall patent holders' losses from IPR violations.
The two sides signed 11 cooperation documents during Li's visit, including a protocol to upgrade China-Singapore Free Trade Agreement, an MOU on the New International Land-Sea Trade Corridor of the China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity and others on youth and cultural exchanges, environment, finance and trade cooperation.
"The regulation has clarified the function and position of Party branches, standardized the setup, listed the basic work and key tasks of Party branches in different areas, improved the working mechanism and other rules of the Party branches," the statement said.
"[China should] continue to improve people's lives and maintain continuous and healthy economic development and overall social stability," Xi said.
Noting that the Asia-Pacific region has the fastest growing economy in the world with the largest potential, Xi said the only correct choice for the era is peace, development, cooperation and win-win.
来源：资阳报