At the economic conference, Chinese leaders also decided to advance the country's urbanization in an active and steady manner.
Andrey Ostrovsky, deputy director of the Far East Institute of the Russian Academy of Sciences, pointed out that scientific and technological development should play an important role in China's urbanization process.
The expert added that as the potential of its rural surplus labor force has already been largely tapped, now it is time for China to find ways to raise labor productivity and spur its economy through scientific and technological progress.