The future of work is important because the world is facing a revolution in production and technologies, with automation posing challenges to labor, he said.
The fund will focus on supporting strategic emerging industries such as intelligent technology, bio-medicine, new energy and new materials to foster new momentum for development.
The government predicts seniors will account for about 25 percent of the population by 2030.
The gathering of about 800 US and Chinese representatives on Thursday also marked the first China-US Social and People-to-People Dialogue, co-chaired by Liu and US Secretary of State Rex Tillerson.
The founder of local media company Next Digital was arrested along with two senior executives of the company-Chow Tatkuen and Wong Wai-keung-on Wednesday. Facing a joint count of fraud, the three were also arrested on suspicion of violating the National Security Law.
The government has issued guidelines to encourage public-private-partnership projects to appeal to private investors to support infrastructure projects. However, the large amount of money from government entities going toward such projects is posing risks to government debt, as there is no clear legal framework to regulate payment obligations.
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The gang had recruited over 50 agents around the country when the crime was unveiled.
The government is studying how to improve road infrastructure in order to better adapt to the self-driving vehicles, according to the Ministry of Transport.
The government will choose a number of centrally and locally-administered SOEs with a wider range of business categories to enrich the ongoing mixed ownership reform, said Weng Jieming, vice-chairman of the State-owned Assets Supervision and Administration Commission of the State Council.
The free trade account mechanism within the Shanghai FTZ has been an important tool in facilitating the development of the real economy. More than 38,000 Chinese and overseas companies have registered more than 72,000 FTAs in Shanghai. Total cross-border settlements stand at 25.9 trillion yuan (.7 trillion), reaching 161 countries and regions.