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Priority concerns of Chinese leaders to fight financial risks include accelerating the adjustment of corporate structures and establishing a responsibility and financial loss sharing mechanism among enterprises, banks and the government. It is also important for the country to properly handle corporate debt defaults by implementing differentiated financial policies for different companies based on their state of operation, he said.

President says country made strides in political security, fighting crimes

Profits fell 1.9 percent year-on-year last December, down further from dropping 1.8 percent in November, NBS data showed.

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Private medical and healthcare institutions now account for 45 percent of overall healthcare organizations across the country, the meeting said, and the past several years has seen rapid development in rehabilitation services as well as healthcare through Traditional Chinese Medicine.

Property firms see higher gains arising from growing demand for offices as various businesses are expanding while new startups are being set up everywhere, according to a recent report from JLL, an international real estate research firm.

President's idea echoed globally in face of threat of parochialism

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President Xi Jinping's important speech on rural revitalization has boosted the confidence of the deputies to the National People's Congress and encouraged them to engage in the revitalizing agenda.

Procuratorates have also been open to suggestions in the field. For instance, on May 30, over 120 middle and primary school teachers and students discussed with legislators and political advisors at the Supreme People's Procuratorate (SPP) on how to educate minors on protecting themselves from abuse and how society can help protect them.

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Progress has also been made in conserving water, the report said, with 370 billion tons used for agriculture in 2018, a decrease of 21 billion tons compared with 2012 as a result of greater use of high-efficiency irrigation systems.

President urges US leader to help defuse Korean Peninsula situation