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Lawmakers are expected to check how major Party and government policies and reform plans about state asset are implemented, how certain laws and legislature's resolutions are enforced, how state-owned enterprises and institutions serve national strategies, provide public goods and safeguard national security, and how the State Council works to maintain the value of state asset and prevent loss.

With this year's WEF themed creating a shared future in a fractured world, many speakers opened their arms to embrace a world that is experiencing stronger globalization and closer cooperation, echoing China's proposal for boosting global growth.

The meeting called for improving the recruitment of general medical practitioners, especially in impoverished areas.

Since late last year, dozens of local governments have passed or expanded restrictions on house purchases and increased the minimum down payment required for mortgages.

Foreign companies must meet a string of conditions to be eligible for the exemption, including direct investment into sectors encouraged by the Chinese government, and investment returns must be transferred directly to invested companies.