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The government is also building a databank to match the companies that need the upgrading services with the technology and products providers, Wang said.

The government will offer monetary and credit policy incentives to financial institutions to carry out the business of inclusive finance, it added.

The fourth National Farmers' Sports and Fitness Competition concluded on Thursday in Quanzhou county of Guilin in the Guangxi Zhuang autonomous region.

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The government will accelerate approvals for bonds issuance in PPP projects and issue favorable policies to firms with high credence ratings, according to a guideline released by the National Development and Reform Commission (NDRC).

The government has also banned public and private social gatherings of any size, with residents who breach the regulation liable to six months' imprisonment or a fine of up to the equivalent of ,000.

The government has set a higher employment target of 11 million new urban jobs this year, one million more than last year's target.

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The government plans to increase the proportion of natural gas in energy consumption from the current 5.9 percent to around 10 percent by 2020, and to 15 percent by 2030.

The government will also lower fees levied on businesses using port facilities and halve incidental charges for businesses using railway freight services, it said.

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The government will purchase more high-end manufactured products as a central part of its procurement policy, said Wang Zecai, a researcher at the Chinese Academy of Fiscal Sciences, a Finance Ministry think tank.

The government will encourage more M&As in the industry to push concentrated and differentiated development in the sector.