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The country has reduced the operating cost for foreign trade enterprises this year by increasing the export tax rebate rate of some products to boost export confidence and enhance international competitiveness of export products, Cui Zhijuan, professor at Beijing National Accounting Institute, told Securities Daily.

The content of the leading officials' work reports mainly covers seven topics, including safeguarding the unified leadership of the CPC Central Committee and implementing Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era.

The construction of the Main Bridge of the HZMB, financed by the Chinese mainland, Hong Kong SAR and Macao SAR and constructed by the HZMB Authority, is progressing well, the Hong Kong SAR government's Transport and Housing Bureau (THB) said, adding that the bridge section and subsea tunnel section have been connected.

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The consensus pointed out that the running companies should focus on developing the high-end market, reduce operation costs and promote high-quality development of the service.

The country produces over 130 million room air conditioners annually, accounting for 70 percent of the global market.

The country will become more open, transparent and predictable for foreign investment, and its business environment will further improve, according to Li.

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The country has also seen fast inflow of foreign direct investment (FDI), keeping the crown of the developing economy with the biggest FDI inflow for 27 straight years, the report showed.

The country has also been spreading the good practices, techniques and models drawn from key projects such as the Beijing-Tianjin Sandstorm Source Control Project and the Three-North Shelter Forest Program.

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The cooperation of China and the countries of Central and Eastern Europe (CEE) was at the heart of a forum organized by the European Institute for the Belt and Road Initiative Economic and Cultural Cooperation and Development and by the Pallas Athene Geopolitical Foundation (PAGEO).

The country will also extend the credit loan support tool to help small businesses stabilize their operations, the meeting said.