China will not slacken its efforts in regulating housing prices, since they are still far from falling back to a reasonable level.
Premier Wen Jiabao said on Wednesday that the 7.5-percent GDP growth target for 2012 cannot be viewed as low.
China will intensify its currency regime reform and the foreign exchange rate has possibly reached "equilibrium". 
Yuan to face downward pressure
Chinese shares tumbled Wednesday after Premier Wen Jiabao said that China will not slacken it efforts in regulating the housing prices.
Chinese Premier Wen Jiabao considered housing prices still "far from a reasonable level."
The real effective exchange rate of Renminbi may have reached its equilibrious level after rising by 30 percent since China launched the exchange rate reform in 2005.
Cooperation is the way to address trade imbalance between China and the United States and the difficulties and frictions arising from it, Chinese Premier Wen Jiabao said Wednesday.
Guangyuan in Sichuan province is committed to building itself into a regional transport hub linking Sichuan and Northwest China by 2014.
China needs to make overall arrangements from the top level to promote economic reforms to cross the "deep water", said Li Yining.
Last year's bottom ranking in economic growth in China has not blunted Beijing's determination to bid farewell to GDP-oriented policies.
China should learn from the successful experience of the US Chamber of Commerce and set up a special organization to promote overseas investment.
Cooperatives are a good way to boost farmers' incomes, especially for women farmers, said a NPC deputy.
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