Xu Shaoshi, minister of the National Development and Reform Commission, or NDRC, takes questions from journalists during a news conference on March 5. [Chen Jia / chinadaily.com.cn]
China will extensively implement the strategy of opening up, the report said, adding that the ministry will raise the efficiency and quality of China's outward investment, as well as increase multilateral, bilateral, and regional economic cooperation.
According to the report, the NDRC will accelerate the transformation of agricultural development and promote transformation and upgrading of the industrial structure through innovation. "We project spending on R&D as a percentage of GDP will come to 2.2 percent in 2015," Xu said, adding that the NDRC will boost the scale and strength of strategic emerging industries and make the service sector better able to support economic growth.
 |  |
China hosts overseas disaster relief exercise for the first time
20 pairs of twins who will become flight attendants in Sichuan
J-11 fighters in air exercise
PLA soldiers operating vehicle-mounted guns in drill
Beauties dancing on the rings
Blind carpenter in E China's Jiangxi
Top 10 highest-paid sports teams in the world
In photos: China's WZ-10 armed helicopters
UFO spotted in several places in China
Obama is sowing discontent in S.China Sea
Rescuers work through night to reach cruise ship survivors
Driving through limbo
Facing down MERSDay|Week
