Quotes from the news wire:
Currently, global economic risks are rising somewhat, international investment and trade growth is slowing, protectionism is rising and unstable and uncertain factors are increasing, we should actively cope with this. Some countries have taken measures including cutting interest rates, or sent clear signals on quantitative easing.
China will maintain our long-standing commitment to reform and opening in order to continue to expand and open. We welcome more and more foreign investment to come to China, we will also relax (restrictions on) access to even more fields to create a market-oriented, law-based internationalized business environment.
Of course, we are faced with many uncertain factors this year. We have to prepare more and we have reserved policy room (to address uncertainties), moreover, we can deploy quantity-based or price-based policy tools such as reserve requirements and interest rates. This is not monetary easing but to more effectively support the real economy.
We will implement the military strategy for the new era, strengthen military training under combat conditions, and firmly protect China's sovereignty, security and development interests, we will further implement the military-civilian integration strategy, and speed up efforts to make innovations in defense-related science and technology.
China's economy has enough resilience, potential and ample room for growth, especially with a huge domestic market and rich human resources of nearly 1.4 billion people, therefore, we are fully confident and capable of keeping economic growth rate within an appropriate range in spite of multiple risks and challenges in 2019.
At present our country has 12,000 drug wholesalers, 5,000 production firms and more than 400,000 drug retailers. Regulatory targets are many, but there are few people on the ground, making regulation difficult, there aren't even 500 people with the aptitude to inspect drugs. There are dead spaces and blind zones for regulation and inspection.
Very regretfully it was shelved by the Myanmar government in 2011. But the contract is still in force. How to push this cooperation forward is an important thing for both countries, i think that the existing government has no time to get this project restarted. I believe that once the new government is in office, the Chinese government will continue to discuss with them how to restart this project.
Over the last year, you and the Hong Kong Special Administrative Region's government have been unafraid of challenges, have united in struggle, steadily pushed forward various projects, maintained Hong Kong's broad stability and realized new development, the central government offers full approval of your work and the work of the Special Administrative Region's government.
On the Chinese side we can create a new investment fund with a total value of $3 billion, we expect new ways of cooperation through private-public partnership, various leasing arrangements and that will make our cooperation more efficient, more productive, and by doing that all desires of EU member states for respecting of their rules will be fulfilled.