Li added the company is also banking on cutting-edge Organic Light-Emitting Diode televisions and will continue to increase investment in this sector. Skyworth has been producing OLED TVs in partnership with South Korea's largest panel maker, LG Display, since 2013.
Li Li, another NPC deputy and a judge from Beijing, said the creation of a favorable business environment has also raised higher requirements for judicial authorities, "as a series of financial measures, such as preventing financial risks and regulating the market order, should be done by rule of law".
Li also noted that the Chinese economy has achieved generally stable growth while making progress over the past year.
Leung Chun-ying, a former chief executive of the HKSAR, said that whoever initiated the act, whether from the US or Hong Kong, never had the interests of Hong Kong in mind.
Li Tongxi, a 76-year-old retired teacher in Xiongan New Area in Hebei province, changed his daily routine on Wednesday because he knew something was going to happen that day that would be significant for him and for his country.
Li Qiuyan, director of public relations at Lvmama, an online travel agency, said some African countries are in the Southern Hemisphere, where the seasons are opposite China's.
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Li Zhennan, an economist with Goldman Sachs (Asia), expected another 20-basis-point cut in open market operations or medium-term lending facility rates, and another 100-basis-points drop in the reserve requirement ratio.
Lending interest rates of these special loans were 10 to 20 percent lower than normal. That has helped transform Xiadang, which was formerly a poverty-ridden village.
Li Zhanshu, chairman of the Standing Committee of the 13th National People's Congress, said the rapid development of the Communist Party of China and the country has raised higher requirement for the work of the NPC. He asked legislators to clearly realize their obligations and exercise the power of legislation and supervision according to law.
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