The country previously pledged a more proactive fiscal policy in 2017 to support economic growth, with a targeted fiscal deficit of 3 percent of GDP, or 2.38 trillion yuan for the year, a year-on-year increase of 200 billion yuan.
The consumption of dairy products in China has increased to 55 million tons in 2016 from 42 million tons in 2006 while the price of per kilogram of fresh milk has increased to 3.53 yuan from 2 yuan during the same period, according to Dairy Information Network.
The country will increase investment with a focus on construction and renovation, prioritizing areas including artificial intelligence, internet of things, major infrastructure projects and technical transformation and equipment replacement in the manufacturing sector.
The cooperation between the two countries plays an increasingly significant role in safeguarding world peace, stability and promoting joint development, Xi told Merkel.
The conditions for technological cooperation in an investment project shall be negotiated in a fair and equal manner and agreed upon by all parties to the investment, and government bodies and their employees shall be prohibited from using administrative measures to force technology transfer.
The country has achieved preliminary results on building a green financing system and became the world's second largest green bond issuer in 2017, said Zhou Xiaochuan, vice-chairman of the Boao Forum for Asia and former governor of the People's Bank of China, at the 2018 Annual Conference on Sustainability in Beijing on May 9.
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The conference was organized by the China NGO Network for International Exchanges (CNIE), with the aim of strengthening global engagement with Chinese CSOs and helping promote the UN's Sustainable Development Goals (SDGs).
The country will give strategic priority to ensuring people's health, adhere to the principle of putting prevention first, deepen the implementation of the Healthy China Initiative, improve national health promotion policies, build a strong national public health protection net, and provide people with comprehensive, lifecycle services, the document said.
The country also reported 59 new deaths from the virus on Saturday, raising the death toll to 7,359. A total of 104,072 coronavirus patients have recovered, with 2,633 still in critical condition.
The country will further comprehensively deepen its reform, spur innovation capability in all walks of life and unleash the dynamics of development, Xi said.