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Thirteenth session of the National People's Congress (NPC) a meeting at 9 am at the great hall of the people, listen to the state council premier li keqiang on government work report, review of the state council on the national economic and social development in 2017 plan implementation plans for national economic and social development in 2018 of the draft report and review of the state council about 2017 central and local budget implementation situation and the central and local draft budgets report of 2018.

We will improve the property rights system and the market-based allocation of factors. Property right system is the cornerstone of socialist market economy. We should improve relevant laws and regulations with the basic orientation of protecting property rights, maintaining contracts, unifying the market, fair exchange and fair competition. All kinds of infringements should be dealt with seriously according to law, and cases of disputes over property rights should be sorted out and corrected according to law. We will strengthen ipr protection and implement a system of punitive damages for infringement. We will accelerate market-oriented reform of prices of technology, land and other factors, deepen price reform of resource products and public services, break administrative monopolies and prevent market monopolies. Strong property rights protection and smooth flow of factors should be used to unleash market vitality and social creativity.