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He said China stands ready to work with Cambodia and other Southeast Asian countries to safeguard regional peace and stability.

The second proposal is to encourage innovation and development, as well as the pursuit of excellence.

Second, we stepped up efforts to reduce taxes and fees. We expanded the scope of certain preferential policies, such as those concerning corporate income tax for low-profit small businesses and the accelerated depreciation of fixed assets. We exempted small and micro businesses from 42 different kinds of administrative charges and canceled or suspended the collection of 57 kinds of central-level administrative charges. We lowered premiums for unemployment, workplace injury, and maternity insurance schemes, and expanded the scope of the policy of providing subsidies from the unemployment insurance fund to enterprises that maintain stable employment during structural adjustments.

Officials were also urged to lead by example by arranging and supervising tasks in accordance with the requirements of the central authorities.

The military must be steadfast in their allegiance to the Communist Party of China (CPC) and follow the Party to win the final victory in the ongoing fight against corruption, said Xu.