The country will step up credit support for infrastructure projects with sound capital base and good operation, on the condition that the funding won't add up to the hidden debt burden of local governments, the China Banking and Insurance Regulatory Commission said in an online statement.
The country plans to invest between .5 billion and billion to upgrade the East-West highway and the country's freight train network, and build the Anaklia deep sea port mainly for bulk vessels, with an annual handling capacity of 100 million metric tons of cargo.
The country will provide support for 100 enterprises covering different links in the high-end smart remanufacturing industry, according to the plan.
The country has already announced measures to further liberalize the finance and automobile sectors.
The country has also been stepping up efforts in small hydropower development. Some 46,500 small hydropower stations had been built in rural areas by the end of last year, with an annual capacity of more than 230 billion kilowatt-hours and a complete standard system on planning, designing, construction and management, according to the Ministry of Water Resources.
The consumer inflation level will be kept generally stable, ensuring stable pork supply and prices, while effective investment will be expanded, with issuance of all the special local government bonds within this year's quota by end-September.
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The cost of thermal, wind and photovoltaic power generation projects dropped continuously from 2011 to 2015, according to Lv Shisen, vice-president of Electric Power Planning and Engineering Institute.
The country will better coordinate its fiscal, monetary, financial, industrial, regional, and trade policies with employment policies to ensure a positive interaction between economic growth and employment expansion, according to a guideline issued by the National Development and Reform Commission (NDRC).
The country initiated a key strategy in 2014 to coordinate the development of Beijing, its neighboring port city Tianjin, and Hebei Province -- a regional city cluster called "Jing-jin-ji."
The connection, as he sees it, will continue for decades, as he is committed to participating in China's green and sustainable development, as well as its urbanization.