Li said that the Chinese government gives great importance to the development of education and science and technology as they are the most important underpinning forces for China's future.
Li was in Dalian from Monday to Wednesday, attending this year's Summer Davos Forum and engaging in conversation with global business leaders. He also visited the city's free trade zone, as well as domestic and foreign businesses.
Li made the remark as he met with the visiting delegation of the Japanese Association for the Promotion of International Trade at the Great Hall of the People in Beijing on Monday afternoon. The delegation was led by Yohei Kono, president of the association and former speaker of the Japanese House of Representatives.
Lieutenant General He Lei, vice-president of the PLA Academy of Military Science and a national legislator, told reporters that China's diplomatic and defense policies are peaceful and defensive in nature. Therefore no matter how the nation increases its military budget, it will never threaten other countries or engage in an arms race with others.
Lin Mingtian, a Taiwan businessman and chairman of a Nanjing-based company, said he had achieved his career goals on the mainland and suggested that other Taiwanese entrepreneurs grasp opportunities on the mainland.
Liang Xiaogang from Cashway Fintech has been satisfied with the 50 autumn blazes he bought from Wang to celebrate the company's 15th anniversary and looks forward to enjoying the cascade of red leaves in late fall.
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Li of Bank of China said that the nation's manufacturing activities may pick up in March as supportive policies gradually take effect.
Li made the remarks while presiding over an executive meeting of the State Council.
Li said there are enormous business opportunities and potential in the Chinese market, given that China has a population of close to 1.4 billion people and its retail sector is still upgrading.
Li, who served as executive deputy mayor of Beijing before moving to the CPPCC, is the second high-ranking official from the capital to have fallen, following former deputy Party chief of Beijing Lyu Xiwen in 2015.