China will keep stimulating the development of a robust domestic market and unlock the potential domestic demand in order to support stable economic development in 2019, said Li Keqiang at the Second Session of the 13th National People's Congress, while delivering the report on the work of the government today.

To boost domestic consumption, the Chinese government will use a combination of measures to increase urban and rural personal incomes and boost capacity for consumption, which includes a full implementation of the newly revised Individual Income Tax Law that would allow 80 million taxpayers to claim reductions.

China will also leverage the key role of investment to boost economic growth and expand effective investment as appropriate.

This year, 577.6 billion yuan is to be included in the central government budget for related investment, an increase of 40 billion yuan on last year. 800 billion yuan will be invested in railway construction, and 1.8 trillion yuan will be invested in road construction and waterway projects. The country will also further develop next-generation information infrastructure.

To promote balanced development within the country, China will take solid steps to upgrade rural infrastructure, significantly improve living and working conditions in rural China. To address unbalanced and insufficient development, China will strive to promote coordinated development across regions and improve the quality of new urbanization.

Private companies will continue to play a bigger role in the country's economic development in 2019, the government will work for big improvements in the development environment for the private sector.

Enterprises under all forms of ownership will be treated equally when it comes to access to factors of production, market access and licenses and more.

China will deepen reforms in key sectors and speed up the improvement of market mechanisms. The government will also deepen reforms of the fiscal, taxation and financial systems.