China keeps its economic growth target unchanged at around 7.5 percent this year as the government looks to achieve stable growth while driving through reforms for the long term good.

China will further its efforts in building a streamlined government administration by exempting more items from central government approval.

China faces great challenges and complex problems in pushing forward economic and social development.

China pledged to hold high the banner of peace but also vowed to resolutely safeguard its sovereignty and the postwar international order.

China plans to raise its defense budget by 12.2 percent to $132 billion in 2014, according to a budget report to be reviewed by the national legislature on Wednesday.

The Chinese government will build a system for combating corruption and penalize crooked officials without mercy in accordance with law, a government report to be delivered by Chinese Premier Li Keqiang said.

The 12th National People's Congress, China's parliamentary body, opens its 2nd annual session at the Great Hall of the People in Beijing.

Premier Li Keqiang delivers government work report at the opening meeting of the National People's Congress, China's top legislative body in Beijing, March 5, 2014.

China is to establish a deposit insurance system, according to a government work report available to media ahead of the annual parliamentary session on Wednesday.

China will declare war against pollution and fight it with the same determination the country battled poverty as many parts of the country have been plagued by choking smog, according to a government work report.

China Daily outlines seven of the major policies introduced by the nation's leadership to build a better, fairer and cleaner China.

China will continue to implement a proactive fiscal policy and a prudent monetary policy, according to a government work report to be delivered by Premier Li Keqiang at the opening of the annual parliamentary session on Wednesday.

China targeted economic growth of around 7.5 percent in 2014, unchanged from last year, according to a government work report to be delivered by Premier Li Keqiang

Meeting Room No 1 is the home of State Council executive meetings, presided over by successive premiers in the 65 years since the founding of the People's Republic of China.