"Investment for next year will not be less than this year," said Wang, adding that one of the policy orientations for next year is to stabilize the government’s investments.

China planned a 4 trillion yuan stimulus plan to fuel economic growth during the global financial crisis from the fourth quarter last year.

"Of the 4 trillion yuan investment, 1.18 trillion yuan was from the central government. We have invested 100 billion yuan in the fourth quarter of last year, about 487.5 billion yuan will be spent this year, and the remaining 500 billion yuan will be for next year. So the investment for next year will not fall, but slightly increase," said Wang.

The challenges the government faces to carry out the policies were analyzed during the meeting. China plans to have a financial deficit of 950 billion yuan to fight the financial crisis, and in the first half of 2009, revenue dropped 2.4 percent year-on-year, while expenses increased 26.3 percent year-on-year.

But Wang said the government has confidence to stabilize its investment.

In addition, there are still another four policies for economic development next year, he adds.

The highlight of the policies is to expand domestic demand. China has taken measures to macro-control the economy five times since reform and opening-up, while this time more efforts will be made to motivate consumption at home.

The government will also strive to foster new strategic industrial sectors, especially the new energy industries.

He also stressed that agricultural policies need to be improved to ensure economic growth.

The last policy is to increase economic reform through the opportunities provided by the financial crisis.