Premier Wen Jiabao cautiously noted internal and external challenges facing the Chinese economy. He acknowledged rising property prices and labor costs.
The Internet has changed the way people communicate with each other, with new social networking tools and other online applications, people are finding new ways of expressing their opinions and seeking information.
The government has set its average annual GDP growth target for the next five years at 7 percent, down from the previous aim of 7.5 percent.
China has already raised its interest rate three times since October. It has also demanded banks freeze more capital with the central bank by hiking the reserve requirement ratio eight times since 2010 to combat inflation.
China says it has fully established a socialist system of Laws covering all areas of society.
Ninety years ago, the Chinese communist party was founded on the Soviet doctrine about the interests of industrial workers and farmers.
China´s roadmap for economic growth favors quality, over speed. The shift comes as China adapts the economy´s changing structure.
In recent years, Chinese diplomacy has taken its domestic public opinions very seriously and refused to be held hostage by the overseas media agenda.
At Sunday´s press conference of National People´s Conference, Zhang Ping said China will pursue sustainable economic growth over the coming five years.
In Premier Wen Jiabao work report, the Premier set a target of 7 percent of the GDP growth rate over the next five years, and to cap the rise in the consumer-price index around 4 percent.
Diplomacy has made great strides in bridging the gap between China and the world. China´s hosting of international events including the 2008 Beijing Olympics and 2010 Shanghai World Expo greatly contributed to promoting the country´s image globally.
The life span of Shanghai residents has surpassed 82 years, the longest in the country, the municipality´s health authorities have revealed.
