The explanation on the draft foreign investment law during the meeting was delivered by Wang Chen, vice chairman of the National People's Congress (NPC) Standing Committee.
In Premier Li's work report, the 2019 GDP growth target was lowered to a 6-6.5 per cent range due to the US-China trade war, an already high debt level and financing bottlenecks for private enterprises.
[3] Among the solutions suggested in Li's report included tax and fees cuts, stabilisation of employment and more social services.
The Premier's report was approved with 2,945 votes in favour and three abstentions.
The NPC announced a defense budget spending increase of 7.5%.