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The president has taken the lead in proactively pushing the reform. In late 2013, the Central Leading Group for Deepening Overall Reform was established, with Xi as the group's head.
The price index for farm produce edged up 0.8 percent in the past week, while the index for production materials rose 0.2 percent.
The price of rare earths may fluctuate at high levels in the next months, according to a research note from China Merchants Securities.
The private sector is also now more willing to spend money on smart manufacturing upgrades, because they have become aware of the ample returns on such investment, as smart technologies will bring about higher efficiency, lower costs and increased profitability, she said.
The premier spoke highly of current relations between the two countries and said China will strengthen cooperation with Belgium in diverse fields and exchanges in regional and international affairs. He called on both countries to fully carry out consensuses that have been reached to make new progress in their all-round partnership of friendship and cooperation.
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The private sector, already the primary body of China's foreign trade, continued to play an even bigger part by making 10.87 trillion yuan in foreign trade in the first 10 months, up 10.3 percent year-on-year.
The project is located in the Ili River Valley, in the west extension of the Tianshan Mountains in Kazakhstan. It is about 150 kilometers from Almaty and 210 km from the Khorgos Land Port in China.
The program is jointly sponsored by the Ministry of Science and Technology, the Ministry of Housing and Urban-Rural Development and the Ministry of Agriculture and Rural Affairs. It is jointly built by research institutes of the Tongji and Zhejiang universities.
The project was hailed as a model of South-South Cooperation by the International Atomic Energy Agency and has brought tangible benefits to the African people.