China sets economic tasks for 2014

The conference has set up economic tasks for the next year and will look to ensure that issues like national food safety, and industrial restructuring get prominent attention.

Next year, the country will also heavily promote the development of newly emerging industries. When it came to finances, the conference called for the control of local government debt risks and to push forward regional development.

The government will keep working on improving people's livelihood including creating more jobs for both college graduates and for the unemployed, solving housing problems and protecting the environment.

The conference has urged for deeper reforms and more opening-up, the speeding up of free trade negotiations and steadily pushing talks on investment agreements. The government also hopes to expand maritime transport capacity.